Miami Beach, FL
$3,660,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
6,900 sqft
Building Size
12
Units
Details:
Building Size: 6,900 sqft
Units: 12
Year Built: 1951
Floors: 2
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 5.5% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $480,000 in combined CapEx between the current and previous owner. The exterior was last painted in 2023. The property features community laundry. There are also four fully-renovated units in the community.
Location

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