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Miami Beach, FL

$2,475,000

Miami Beach, FL 33139

Active
Last Updated: 06/17/2025

5,850 sqft

Building Size

13

Units

Details:
Building Size:    5,850 sqft
Units:    13
Year Built:    1936
Floors:    2
Parking Spots:    2
Highlights:
  • Number Of Buildings: 1
Description:

Offered at a 6.2% 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 includes two parking spaces, it features a community laundry and it has 4 units that are considered suites with no kitchens, just refrigerators. The unit mix includes 10 studios, 2 1BR/1BA and 1 2BR/2BA. It has over $140,000 in combined CapEx between the current and previous owner.

Map:
Location
Gallery