Multi-Family, Commercial $ 4,500,000

1000 7th St

Miami Beach, FL 33139

  • 7,868 SqFt
  • 7,500 Lot Size
  • 1951 Year Built
Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. 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, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ 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 in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!
Listed by Keller Williams Capital Realty

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 868 sqft

    Price per Sqft $571

    MLS Listing ID A11975610

    HOA Y/N No

    Year Built 1951

    Annual Tax Amount $52,096

    Tax Year 2025

    Lot Size 7,500 Sqft

    Property Sub-Type Multi Family

  • Location

    State FL

    County Miami-dade

    Area 42

  • 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

    Virtual Tour https://youtu.be/7VfVdMyyNbs

SIMILAR HOMES FOR SALE

Check for similar Multi-Family, Commercials at price around $4,500,000 in Miami Beach,FL

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message