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$4,700,000
9.6% cap rate = 70% seller financing for 5 years 6% interest only! with option for another 5 years! 10 units (7 2br & 3 1br)= rare opportunity to own a luxury completely renovated turn-key investors dream income producing goldmine! 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, the most quiet, peaceful & safe street in all of s. beach! renovations include new ac, hwh, plumbing, electrical panels, roof, modern kitchens with quartz counters, ss appliances, breakfast bar. cool, hip and chic decor throughout including hotel quality baths with 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!Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 1000 7TH ST, MIAMI BEACH, FL 33139
Income/MultiFamily - for Sale
1000 7TH ST, MIAMI BEACH, FL 33139
Asking Price$4,700,000 Change Price$100,000
Share by:
- Lot size 7500sqft
- Taxes $31,002
- Year Built 1951
-
Days on market:
62 day(s) Original Price:
$4,975,000Tax Legal Description:
OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 97 LOT SIZE 50.000 X 150 OR 16023-1241 0793 1 COC 26210-4069 01 2008 1Tax Year:
2022-
MLS:
A11379563 -
Property Type:
Income/MultiFamily -
Parking:
AssignedCommon On Street -
Inclusions:
Building & Land,Fixtures,Machinery
Lease Term Remaining:
Annual Lease,Month To MonthCooling Description:
Central Individual A/CHeating Description:
Central ElectricSpecial Listing Conditions:
Sale
