$3,900,000
$4,100,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
7,425 SqFt
SOLD DATE : 04/08/2024
Key Details
Sold Price $3,900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,425 sqft
Price per Sqft $525
MLS Listing ID A11474494
Sold Date 04/08/24
Construction Status New Construction
HOA Y/N No
Year Built 1941
Contingent No Contingencies
Lot Size 0.300 Acres
Acres 0.3
Property Description
Nestled along the Biscayne Bay canal in Miami Beach, this waterfront residential property offers immediate income, opportunity, and potential. Built in 1941, the two building, two-story property has a total of 17-Units. The current Owner offers furnished and unfurnished rentals to optimize rent potential. Permitted land use zoning TC-3 allows New Owners to redevelop the 13,000 SF lot. Conditional uses of TC-3 range from apartment-hotel, hotel, and suite hotel. Units have been updated and offer a mix of efficiency, studio and 1 bed /1 bath.
Location
State FL
County Miami-dade County
Area 32
Exterior
Waterfront Description Canal Front
Total Parking Spaces 10
Building
Story 2
Level or Stories Two
Structure Type Block
Construction Status New Construction
Others
Tax ID 02-32-11-002-0050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Exclusive Living R.E. LLC
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