Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and… Read More plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community Read Less
Courtesy of One Sotheby's International Realty, Brigitte Lina, 305-935-0300.
Listing Snapshot
Days Online
220
Last Updated
Property Type
Multi Family
Square Ft.
4,732
Lot Size
0.12 Acres
Year Built
1940
MLS Number
A11924424
30 Days Snapshot Of 33141
$402k
-29%
(avg) sold price
22
-40%
homes sold
137
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street"
Building
Built in 1940, Construction materials: "CBS", Toal building area: 4732, 7 total units
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