Multifamily – 31 Units in Miami Beach, FL – Income-Producing with High Occupancy

Category: Multifamily

Price:$12,990,000

Location: Miami Beach, FL

Year Built: 1954

Days on Market: 10

Description:

SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

Income-producing, 31-unit apt building in a corner location near Lincoln Road, across from the Convention Center. Cash-flowing with high occupancy.

Listing Code: 1061601654