Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,791,000
Annual Taxes:$9,027
Listing Courtesy of Coldwell Banker Realty
Rare investment NO condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 Miami Modern MiMo architecture corner property ...
Description
Rare investment NO condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 Miami Modern (MiMo) architecture corner property on West Avenue Reflecting the clean lines, abundant natural light, and indoor outdoor living concepts that defined postwar Miami Beach design, each just under 1,200 square foot residence offers expansive living spaces, large dine in kitchens, private front and rear entrances On site 1 parking space per unit, and a flexible sun drenched Florida room framed by signature banks of windows, ideal for a home office, dining, or additional living space. Each unit is a corner unit two are top Floor one is 1st floor. Communal garden at the rear offering great potential.
The property offers strong investor appeal. Improvements completed, include a 10 year old roof, 40 year recertification, impact windows throughout, updated electrical and plumbing, tankless water heaters, and central AC in each.
A comparable unit within the building recently leased for $3,150/month, supporting strong rental demand. Two of the units rented below market value are currently occupied on month to month; one unit is vacant, creating immediate upside potential for an investor or owner occupant. Located just minutes from the beach, parks, cafés, restaurants, and shopping, this is a compelling opportunity .
Units may be available for individual sale.
Showings by appointment only with 24hr notice.
Amenities
- Blinds
- CableAvailable
- ImpactGlass
- LessThanQuarterAcre
- Other
- Shed
Neighborhood
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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.