Alton Beach Bay Front Re
$2,200,000
1311 15th Ter, Miami Beach, FL 33139
131,580
NOI
3,581 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit Held, Deposit - Security, Investment Analysis, Copy Of Lease(S), Existing Survey
- Architectural Style: Detached, Old Spanish
- Cooling: Wall/Window Unit(s)
- Heating: Window/Wall
- Flooring: Tile
- Construction Materials: CBS Construction
Description:
Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2
in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a
yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!
Location

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