935 Meridian Ave
$﹡﹡﹡﹡﹡(Non-Disclosure)

935 Meridian Ave

Miami Beach, FL 33139

  • 4,726 SqFt
  • 1930 Year Built
$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity to own an Old World Mediterranean Masterpiece. They don't build them like this anymore! Mid-Century European meets Art Deco in this completely gated & restored 4 units, 2 buildings, a large (7000 SFT) lot, the most beautiful tree lined street! Renovations include new AC, modern kitchens & baths, hardwood floors and impact windows. EVERYTHING is done, you won't need to spend a dime for a long time. 40 year done in 2020. All tenants on annual leases generating a 6%+ CAP RATE. New rents in the area justify a 6% increase which pushes that over 7%. 6 blocks from Lincoln, Ocean & S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER MUST SIGN PERSONAL GUARANTY FOR FINANCING..
Listed by Keller Williams Capital Realty , Sold By Keller Williams Capital Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $2,700,000

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 4, 726 sqft

    Price per Sqft $571

    Subdivision Ocean Beach Addn No 3

    MLS Listing ID A11288998

    Sold Date 04/07/23

    Style Fourplex

    HOA Y/N Yes

    Year Built 1930

    Annual Tax Amount $21,476

    Tax Year 2021

    Contingent 3rd Party Approval

    Property Sub-Type Quadruplex

  • Location

    State FL

    County Miami-dade

    Community Ocean Beach Addn No 3

    Area 42

    Zoning 3900

  • Building

    Lot Description < 1/4 Acre

    Story 2

    Sewer Public Sewer

    Water Public

    Architectural Style Fourplex

    Level or Stories Two

    Structure Type Block

  • Interior

    Heating Electric

    Cooling Central Air

    Flooring Hardwood, Tile, Wood

    Window Features Blinds,Impact Glass

  • Exterior

    Exterior Feature Porch, Patio

    Pool None

    Utilities Available Cable Available

    Roof Type Barrel,Other

    Porch Open, Patio, Porch

    Total Parking Spaces 4

    Private Pool No

  • Others

    Tax ID 02-42-03-009-3690

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Seller Financing

    Special Listing Condition Listed As-Is

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