$ 4,685,000

1000 7th St

Miami Beach, FL 33139

  • 7,868 SqFt
  • 1951 Year Built
9.6% CAP RATE WITH 70% SELLER FINANCING, 6% INTEREST ONLY FOR 5 YEARS! 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 incl 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

PROPERTY DETAIL

  • Key Details

    Sold Price $4,685,0000.3%

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 7, 868 sqft

    Price per Sqft $595

    Subdivision Ocean Beach Addn No 3

    MLS Listing ID A11379562

    Style Fourplex

    Year Built 1951

    Annual Tax Amount $31,002

    Tax Year 2022

    Property Sub-Type Quadruplex

  • Location

    State FL

    County Miami-dade County

    Community Ocean Beach Addn No 3

    Area 42

  • Building

    Lot Description < 1/4 Acre

    Story 2

    Sewer Public Sewer

    Water Public

    Structure Type Block

  • Interior

    Heating Central

    Cooling Central Air

    Flooring Marble, Tile

  • Exterior

    Exterior Feature Balcony, Barbecue, Outdoor Grill

    Pool None

    Utilities Available Cable Available

    Waterfront Description Bay Front

    Roof Type Flat

  • Others

    Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry

    Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry

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