Miami Beach, FL 33139
- $2,500,000
- Sold Price
- $2,500,000
- List Price
- $2,950,000
- Closing Date
- Dec 03, 2025
- MLS#
- A11822861
- Status
- CLOSED
- Type
- Commercial
Property Description
Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.
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Additional Information
- Days on Market
- 121
- Parcel Number
- 02-42-03-009-6520
- Lot Size
- 7,000
- Address
- Miami Beach
- Year Built
- 1946
- Section
- 3
Mortgage Calculator
Listing Courtesy of CBRE, Inc., Contact:
Selling Office: CBRE, Inc..