Prime 8 Unit Multifamily Investment Opportunity in Miami Beach !
| Website: | https://www.nestseekers.com/5670644 |
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| Address: | Miami Beach, FL 33141 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.2 Acres |
Financials
Price:$2,750,000
Description
Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach’s most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12064481
Amenities
- Smoke Detectors
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Real Estate Sales Force | |