Basics
| Date added Added 5 hours ago | Category Quadruplex | Type Residential Income | Status Active |
| Area, sq ft 8140 sq ft | Lot size, sq ft 0 sq ft | Year built 1948 | SubdivisionName OCEAN BEACH ADDN NO 3 |
| ListOfficeName The Keyes Company | ListAOR Miami Association of REALTORS® | RentIncludes Hot Water, Pest Control, Sewer, Trash Collection, Water | MLS ID A11758768 |
Description
-
Description:
Exclusive Investment Opportunity in Miami Beach
Almost completely renovated 12-unit, 8,140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location.
Property Highlights:
? Turnkey Investment – Fully renovated with new roof (August 2024)
? Strong Rental History – 95% occupancy rate, ensuring stable cash flow
? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at $1,650/month - 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2,100/month
? Recertification Passed – Fully compliant and up to code
? Projected Cap Rate: 6.76% upon rental completion
ART DECO` DISTRICT
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Wall/Window Unit(s)
- ArchitecturalStyle: Attached
- ParkingTotal: 0
- NewConstructionYN: No
- Building Name: OCEAN BEACH ADDN NO 3
- Exterior material: CBS Construction
- Roof: Concrete, Flat Roof With Facade Front
- Heating: Window/Wall
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11758768
Amenities & Features
- WindowFeatures: Clear Impact Glass
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No
