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Multifamily – 12-Unit Art Deco Building in Miami Beach, FL – Fully Occupied Investment Opportunity

Commercial Sale

Category: Multifamily

Price:$2,999,999

Location: Miami Beach, FL

Year Built: 1947

Days on Market: 93

Description:

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living. The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location!

Listing Code: 1140136120