Basic Information
- MLS # A11765723
- Type Commercial
- Year Built 1954
- Total Sqft 7,500
- Date Listed 03/24/2025
- Days on Market 229
Prime 20-Unit Apartment Building in Miami Beach – Value-Add Opportunity! Located just steps from the beach, this 20-unit apartment building is a true cash cow with significant upside potential. Currently generating solid cash flow, this property offers a prime value-add opportunity through rent increases, stabilizing occupancy, and completing the ongoing 70-year recertification. With strategic upgrades and improved management, there’s immense potential to boost gross monthly income by bringing rents to market rates and resolving remaining certification and violation clearances. Don’t miss out on this incredible investment opportunity in one of Miami Beach’s most desirable locations. Schedule a tour today!
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description On Street
Interior Features
- Adjusted Sqft 7,500Sq.Ft
- Sqft 7,500 Sq.Ft
Property Features
- Aprox. Lot Size 7,500
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $53,488
- Tax Year 0
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty, LLC. tel: 877-366-2213
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