Miami Beach, FL 33139
- $4,000,000
- Sold Price
- $4,000,000
- List Price
- $4,600,000
- Closing Date
- Dec 10, 2025
- MLS#
- A11823186
- Status
- CLOSED
- Type
- Commercial
Property Description
Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. 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. The property has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
/u.realgeeks.media/elizabethcostare/Screenshot_2026-05-11_at_10.36.41_AM.png)
Additional Information
- Days on Market
- 143
- Parcel Number
- 02-42-03-009-4310
- Lot Size
- 10,500
- Address
- Miami Beach
- Year Built
- 1925
- Section
- 3
Mortgage Calculator
Listing Courtesy of CBRE, Inc., Contact:
Selling Office: Doric Realty.