Miami Beach, FL
$3,220,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
7,160 sqft
Building Size
16
Units
Details:
Building Size: 7,160 sqft
Units: 16
Year Built: 1941
Floors: 2
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 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 Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.
Location
Gallery
