Miami Beach, FL
$4,600,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
11,900 sqft
Building Size
20
Units
Details:
Building Size: 11,900 sqft
Units: 20
Year Built: 1925
Floors: 3
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 6.5% 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. The property has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Location
Gallery
