florida commercial investments for sale
Miami Commercial and Residential income Properties
Call us today:
+1-786-972-2037
+1-786-597-2331
For More Information: English and Español
Melissa Gonzalez Consuelo Campos
CASA MIAMI REALTY
3440 HOLLYWOOD BLVD ST415
HOLLYWOOD FL33021
 

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Waterfront Apartments Property For Sale Miami Beach
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City: Miami Beach
Retail Type: WATERFRONT BUILDING, 27 UNITS
Price: $ 5,200,000
Cap. Rate:
Tenancy:
Retail Sq.Ft.: 0
Lot. Area Sq. Ft.: 37000
Parking: 0
Year: 1950
         
         
         
         
         
         
         
  27 renovated apartment units with over 200 feet on the water in Miami Beach. All units have been completely renovated including new ceramic tiled flooring throughout, new kitchen cabinets and countertops, updated bathroom vanities and tile, new air conditioners, new doors and windows, new electrical and plumbing and landscaping. The 27 units are all one bedroom units averaging 647 square feet. The property is currently 100% occupied with a monthly rent roll of $34,750 per month or $417,000 per year. The in-place NOI is $265,000 (adjusted for property tax adjustment) a 5.2% cap rate.  
         
         
Data provided is deemed reliable but not guaranteed. Casa Miami Realty is not responsable for the accuracy of the information listed above. The date relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchising.

 

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Contact us today +1-786-972-2037
or Message us on WhatsApp +1-786-597-2331

For More Information: English and Español
Melissa Gonzalez Consuelo Campos
CASA MIAMI REALTY
3440 HOLLYWOOD BLVD ST415
HOLLYWOOD FL33021

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