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$3,430,000
960 biarritz drive is a 14-unit stabilized and fully renovated apartment building in the heart of north beach. the property is steps from the water and a 5 minute walk to the beach. north beach is a growing market with a number of attractive retailers, restaurants, and new developments. all 14-units have tile flooring, full kitchens, and impact windows/doors. the property is being offered at a 6.13% existing cap rate and is fully leased with below market rents. the purchaser can likely increase rents. all leases have 60 day termination clauses.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 960 BIARRITZ DR, MIAMI BEACH, FL 33141
Income/MultiFamily - for Sale
960 BIARRITZ DR, MIAMI BEACH, FL 33141
Asking Price$3,430,000 Change Price$60,000
Share by:
- Lot size 6250sqft
- Taxes $31,118
- Year Built 1977
Description
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