10 units Multifamily for sale in Miami Beach,

Usa / Florida / Miami

Description

10 Unit Apartment Building Offered at $1,995,000 in Miami Beach, FL

INVESTMENT HIGHLIGHTS

  • Very Strong Rental Market
  • Impact Windows Hurricane Rated
  • New Plumbing
  • 100 % Occupied
  • New Electrical
  • New Modern Euro Style Kitchens and Bathrooms

EXECUTIVE SUMMARY

Vintage Miami Modern Meets Luxury at the Newly Remodeled 79th street Apartments. Unrivaled location with doorstep access to Miami Beach’s best cultural, dining and shopping scene! Walking distance to the beach and the famous North Shore Open Space Park! Access to 36 – acres of beachfront green space , PRIME NORTH BEACH LOCATION

PROPERTY FACTS

 

FINANCIAL SUMMARY (ACTUAL – 2019)

ANNUALANNUAL PER SF Gross Rental Income$154,200$23.21

Other Income$568$0.09Vacancy Loss$4,620$0.70

Effective Gross Income$150,148$22.60Taxes

Operating ExpensesTotal Expenses$42,153$6.35

Net Operating Income$107,995$16.26

 

 

 

 

Property Overview

Price$ 1,995,000
ID18
TypeCommercial
Sold No
StatusAvailable
Home area6643 sqft
MaterialBlock, Brick

Position

Amenities

  • Air conditioning
  • Balcony
  • Bedding
  • Cable TV
  • Cleaning after exit
  • Cofee pot
  • Computer
  • Cot
  • Dishwasher
  • DVD
  • Fan
  • Fridge
  • Grill
  • Hairdryer
  • Heating
  • Hi-fi
  • Internet
  • Iron
  • Juicer
  • Lift

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