Multifamily – 13,300 SF in Miami Beach, FL – 100% Occupied with Value-Add Opportunity

Category: Multifamily

Price:$3,990,000

Location: Miami Beach, FL

Year Built: 1958

Days on Market: 1

Description:

PRIME CORNER LOT | 12-UNIT MULTIFAMILY | 100% OCCUPIED | VALUE-ADD OPPORTUNITY This is a rare opportunity to acquire a stabilized, income-producing asset with immediate cash flow and a clear path to forced appreciation through organic rent growth. 12 Total Units: · Unit Mix: 10 x 1BD/1BA | 2 x 2BD/2BA · Total Building Size: 13,300 SF · Occupancy: 100% · Onsite Parking · Below-Market Rents | Strong Value-Add Upside · Corner Lot | High Visibility Location 100% occupancy demonstrates the property’s consistent desirability and the strength of local rental demand. Current rents remain below market, presenting a clear value-add opportunity for an investor to execute a strategic rent repositioning strategy and unlock meaningful upside in NOI and overall asset value.

PRIME CORNER LOT | 12-UNIT MULTIFAMILY |100% OCCUPIED | VALUE-ADD. 100% Occupied. Onsite Parking Below-Market Rents. High-Visibility Corner Location.

Listing Code: 1153624712