7,868 SqFt
7,500 Lot Size
1951 Year Built

9.6% CAP RATE = 70% SELLER FINANCING FOR 5 YEARS 6% INTEREST ONLY! WITH OPTION FOR ANOTHER 5 YEARS! 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths with celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!

Listed by Keller Williams Capital Realty , Sold By Keller Williams Capital Realty

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $4,685,0000.3%
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7, 868 sqft
Price per Sqft $595
MLS Listing ID A11379563
Sold Date 08/01/23
HOA Y/N No
Year Built 1951
Annual Tax Amount $31,002
Tax Year 2022
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Location

State FL
County Miami-dade
Area 42
Zoning 3900
Building

Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block

Interior

Heating Central, Electric
Cooling Central Air
Exterior

Total Parking Spaces 4
Private Pool Yes
Others

Restrictions Zoning Restrictions
Tax ID 02-42-03-009-7640
Security Features Security Lights
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Seller Financing