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Income/MultiFamily - for Sale

241 28TH ST, MIAMI BEACH, FL 33140

Asking Price$3,750,000 Change Price$200,000

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  • Lot size 7684sqft
  • Taxes $18,448
  • Year Built 1932
  • Days on market:

    207 day(s)
  • Original Price:

    $3,950,000
  • Tax Legal Description:

    23-26-27-34 53 42 MIAMI BEACH IMP CO SUB PB 5-7 SE80FT LOT 11 & THAT ELY POR LOT 12 IN DB 1550-469 BLK 10 LOT SIZE 80.000 X 100 OR 17656-028
  • Property Type:

    Income/MultiFamily
  • Parking:

    Assigned On Street
  • Inclusions:

    Building & Land,Furniture,Leases, Furniture/Fixtures,Inventory,Leases
  • Lease Term Remaining:

    Month To Month
  • Roof:

    Barrel Roof
  • Cooling Description:

    Central Building A/C
  • Heating Description:

    Central Individual A/C
  • Floor Description:

    Wood
  • Special Listing Conditions:

    Sale

Description

$3,750,000

Major deal alert - faena district investment opportunity! location, location, location: one block from the beach, this fully renovated 1930’s 2 story 4-plex is up for sale with current cash flow. the property consists of 4 separate units which each have 2 bed 1 bath. each unit is 880 sq ft living. fully furnished and washer and dryer. property upgrades include hurricane impact windows, new plumbing, new electric, central a/c, water heaters laundry room and on-site parking. 40 year certification passed! ***commercial/hotel zoning. rm-2. licensed to do daily rentals/airbnb. redevelopment play with city ordinances stating a maximum height of 75 feet. assemblage opportunity. buy & hold and wait for developer buy out. new luxury developments one block away, ''29 indian creek ''

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