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Gelfand Realty Miami Properties for Sale - Commercial for Sale

919 MICHIGAN AVE #1-11, MIAMI BEACH, FL 33139

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  • Days on market:

    81 day(s)
  • Property Type:

    Commercial
  • Parking:

    Assigned
  • Lease Term Remaining:

    1 To 3 Year Lease
  • Construction Type:

    Cbs Construction Sheet Rock
  • Roof:

    ShingleVarious Material(S) RoofWood Truss/Rafter
  • Cooling Description:

    Central Individual A/COtherWall/Window Unit(s)
  • Heating Description:

    OtherCentral Individual A/CWall/Window Units
  • Floor Description:

    Tile Parquet

Description

$2,395,000

In the heart of south beach opportunity to develop or hold as rental. this 11 units condominium is being sold in its entirety. this building units are in the following configurations (9) 1 bedroom 1 bathroom & (2) 1 studio units, each unit has its own folio number. the condominium is being sold in its entirety. building is professionally managed with all records for future owner. building has 10 parking spaces. build in 1968 is situated on an approx. 7,000 sq. ft lot with 6,590 sq. ft la. the building has seen increasing rents and high levels of demands in this area. this offer gives an investor an opportunity to acquire 11 units condominium in a highly desirable sub-market with limited inventory that has seen continual market appreciation and international demand.

Asking Price$2,395,000

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