$4,685,000
$4,700,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
7,868 SqFt
SOLD DATE : 08/01/2023
Key Details
Sold Price $4,685,000
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
Property Description
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!
Location
State FL
County Miami-dade County
Area 42
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Total Parking Spaces 4
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 02-42-03-009-7640
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Seller Financing
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