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Income/MultiFamily - for Sale

SE 32, MIAMI BEACH, FL 33139

Asking Price$2,050,000

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  • Lot size 7500sqft
  • Year Built 1950
  • Days on market:

    94 day(s)
  • Original Price:

    $2,050,000
  • Tax Legal Description:

    3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 106 LOT SIZE 50.000 X 150 COC 24497-4856 03 2006 5
  • Property Type:

    Income/MultiFamily
  • Special Listing Conditions:

    Sale

Description

$2,050,000

Offered at a 5.8% proforma cap, the property is currently 100% occupied. 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 2br. it has over $40,000 in combined capex between the current and previous owner. building exterior was painted in 2024 ($29k).

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