1000 7th Street, Miami Beach FL 33139

For sale Days on market 174

OCEAN BEACH ADDN NO 3 [ Quadruplex ]

$4,400,000

$559/sq ft

$100,000
Price Decreased

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Overview

Year Built

1951

Sqft

7868

Property Type

Quadruplex

Property Description

Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!

Property Details

MLS#

A11975535

Total Floor in Bldg

Building

OCEAN BEACH ADDN NO 3

Address

1000 7th Street

City

Miami Beach

State/county

Zip/Postal Code

33139

Area

Ocean Beach Addn No 3,orange Blossom Place

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$52,096

Maint Fee

$--

Tax Year

2025

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