South Beach Residential Apts & Strip Plaza

Miami Beach, FL (Miami-Dade County)

South Beach Residential Apts & Strip Plaza
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Asking Price: $3,695,000

Gross Revenue: $263,000

Price/Sq. Ft.: N/A

NOI: $197,630

Building SF: 7,266

FF&E: N/A

Year Built: N/A

South Beach Residential Apts & Strip Plaza

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Property Description

Reduced for immediate sale. Will not last.

Prime South Beach location next to Washington Ave.

The property is 100% occupied.

The property combines excellent retail stores on the first floor with six over sized one bedroom apartments on the second floor.

****************NO BROKERS OR REALTORS.**********************

Qualified and well capitalized BUYERS are invited to initiate contact. Please note that this property is offered under confidentiality with a completed NDA.
Email: rudy.buydirect@gmail.com for NDA. Or text: 954-873-4257
Rudy Singh. Buy Direct Real Estate Inc

Detailed Information

Location:
Miami Beach, FL
Type:
Multi-Family
Building SF:
7,266
Building Status:
Established
Facilities:
Two new hotels are going up in the immediate area,a 202 room hotel will begin construction this year on the east side of Washington Avenue between 9th & 10th Streets,and a 300 room hotel is currently being constructed on the east side between 6th & 7th Streets and will be open in early 2020.
Current Property Expenses:
$65,400. Includes property tax, insurance & utilities.
Location Description:
South Beach...also known as SOBE ... Beautiful weather, beautiful places and beautiful people. South Beach occupies one of the best, highly sought-after, beach front locations on Earth between the Atlantic Ocean and Biscayne Bay. Thanks to its excellent nightlife, superior hotels and resorts, art galleries, excellent, bars, restaurants & boutique shopping, it is a popular entertainment destination for locals, national & international tourists.
Current and Prior Use:
Use Code: 12 / MIXED USE-STORE/RESIDENTIAL
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Rudy Singh

Property Listed By:
Rudy Singh

Buy Direct Real Estate

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