Miami Beach, FL 33139

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:$2,210,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of CBRE, Inc.

Description

Offered at a 6.8% Proforma Cap, the property is currently 88% occupied (1 vacancy). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property has 5 1BR/1BA and 3 2BR/1BA. It has over $250,000 in combined CapEx between the current and previous owner. The property features a community laundry and 10 parking spaces (6 single and 4 tandem).

Offered at a 6. 8 Proforma Cap, the property is currently 88 occupied 1 vacancy.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.