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Income/MultiFamily - for Sale

FOX CHASE, MIAMI BEACH, FL 33139

Asking Price$2,210,000

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  • Lot size 7000sqft
  • Year Built 1948
  • Days on market:

    1 day(s)
  • Original Price:

    $2,210,000
  • Tax Legal Description:

    OCEAN BEACH ADDN NO 3 PB 2-81 LOT 15 BLK 70 LOT SIZE 50.000 X 140 OR 12400-2712 0185 1
  • Property Type:

    Income/MultiFamily
  • Special Listing Conditions:

    Sale

Description

$2,210,000

Offered at a 6.8% proforma cap, the property is currently 88% occupied (1 vacancy). 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. the property has 5 1br/1ba and 3 2br/1ba. it has over $250,000 in combined capex between the current and previous owner. the property features a community laundry and 10 parking spaces (6 single and 4 tandem).

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