Miami Beach, FL
$2,950,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
7,920 sqft
Building Size
12
Units
Details:
Building Size: 7,920 sqft
Units: 12
Year Built: 1946
Floors: 2
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). 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 $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.
Location
Gallery
