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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Code: 8597E19
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City: Miami Beach
Retail Type:
Price: $ 850,000
Cap. Rate:
Tenancy:
Retail Sq.Ft.: 2,512
Lot. Area Sq. Ft.:
Parking: 0
Year: 1946
         
         
         
         
         
         
         
  Value Add Multifamily opportunity on exclusive Normandy Isle in Miami Beach, FL. Four 1/1's. Three units are 2017 remodeled, new bathrooms, flooring, kitchens. Month to Month leases. Rents under market at $1,200, $1,200, $1,250 and $950 per month. In January, rents will increase in two units from $950 to $1,100 and from $1,200 to $1,250/m. NOI of $34,016 based on January rents and includes a 5% management fee. Laundry on site but not currently operational, can produce income with new machines. Space to build large deck or outdoor barbecue area in large backyard. Boutique building with newer split level A/C units. On the same block as Normandy Isle Park and Pool and basketball courts.Plentiful street parking. Remodeled units in the area rent for $1,350-$1,500.  
         
         
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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