Rarely available 8-unit multifamily asset positioned in one of Miami Beach's most sought-after corridors. This value-add opportunity offers investors the chance to acquire an income-producing property with significant upside potential. The property features a stable existing tenant base with below-market rents — providing immediate runway to increase NOI upon lease… Read More turnover or strategic repositioning. With Miami Beach's consistently low vacancy rates and strong rental demand driven by year-round tourism, a growing professional population, and limited new multifamily supply, the fundamentals supporting rent growth remain exceptionally compelling. Contact listing agent for an updated Offering Memorandum. Read Less
Courtesy of Anac Global Realty, LLC 305-721-2786
Listing Snapshot
Days Online
67
Last Updated
Property Type
Multi Family
Square Ft.
4,765
Lot Size
0.13 Acres
Year Built
1946
MLS Number
A11997416
30 Days Snapshot Of 33141
$576k
-28%
(avg) sold price
14
+1,300%
homes sold
136
-76%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1946, Toal building area: 4765
Cooling
"Wall/Window Unit(s)"
Lot
0.13 acres
Property
Zoning: 3900
Sewer
"Public Sewer"
Taxes
Annual amount: $23,152
Tenant Pays
"Electricity", "Interior Electric"
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