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$12,990,000
Est. payment /mo
23,234 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 23,234 sqft
Price per Sqft $559
MLS Listing ID A11538221
Construction Status Resale
HOA Y/N No
Year Built 1954
Annual Tax Amount $112,747
Tax Year 2024
Lot Size 0.430 Acres
Lot Dimensions 125
Property Sub-Type Multi Family
Property Description
SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.
Location
State FL
County Miami-dade
Area 32
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate
Exterior
Roof Type Built-Up
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-34-007-0320
Ownership Corporation
Security Features Smoke Detector(s)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11538221
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Listed by One Sotheby's International Re