For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,479 sqft
Price per Sqft $256
Subdivision Beach Bay Sub
MLS Listing ID A10852187
Sold Date 11/30/20
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1951
Annual Tax Amount $16,000
Tax Year 2019
Contingent Pending Inspections
Property Description
HUGE PRICE REDUCTION - LOWEST PRICED WATERFRONT BUILDING IN NORTH BEACH (MIAMI BEACH). 5 Unit Multi-family building located just 2200 steps from the ocean, and 3 blocks from North Beach Park. All units are FULLY rented, great investment property and positive cash flow. The property is partially renovated on the interior, but with more upgrades, investor can increase monthly rents. Over 121 FT of canal/water views, fit your boat up to 35 ft! Building freshly painted, NEW ROOF installed April 2020 with 10 year warranty. Updated seawall and well maintained landscaping. A MUST SEE! SELLER MOTIVATED. NOTE: Per the City of Miami Beach, this property is located in RM-1 Zone which allows the new owner to add add'l floors to this building, creating more units total...(More units = More Income)
Location
State FL
County Miami-dade County
Community Beach Bay Sub
Area 32
Interior
Interior Features Bay Window
Heating Other
Cooling Ceiling Fan(s), Other, Wall/Window Unit(s)
Flooring Ceramic Tile, Other, Tile
Window Features Other
Exterior
Exterior Feature Barbecue, Deck, Fence, Lighting, Porch, Patio, Shed
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront Description Canal Access,Canal Front
Roof Type Other,Shingle
Porch Deck, Open, Patio, Porch
Total Parking Spaces 1
Building
Lot Description < 1/4 Acre
Story 2
Sewer Other
Water Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-02-005-0080
Acceptable Financing Cash, Conventional, Other, VA Loan
Listing Terms Cash, Conventional, Other, VA Loan
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Lang Realty/BR