$2,950,000
Offered at a 6.6% proforma cap, the property is currently 75% occupied (3 vacancies). the property is part of a 10-property portfolio all located in south beach. it can be purchased individually or as part of the portfolio. all units in the property are 1br/1ba. it has over $450,000 in combined capex between the current and previous owner. most capex has been focused in common area/exterior elements. there are also two fully-renovated units in the community.BAY BR, MIAMI BEACH, FL 33139
Income/MultiFamily - for Sale
BAY BR, MIAMI BEACH, FL 33139Asking Price$2,950,000
- Lot size 7000sqft
- Year Built 1946
Description
Complex
Porto Bellagio BLD 1
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