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Frabizio Taccone

Keller Williams

Office Phone: 305-695-1112

Cell Phone: 786-222-7769

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Published on: Tuesday, June 3, 2014 1:14:43 PM
Updated on: Tuesday, June 3, 2014 1:14:43 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-30795

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 12,744 SqFt

Lot Size: 14,000 SqFt.

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: The subject property consists of two amazing Decostyle buildings, built in 1938, in the heart of the historical district of Miami Beach.  12.744 Sq.Ft BUILDING, CONSISTING OF 22 APARTMENTS :  -12 1bed/1bath  -8 study  -2 1bed/2bath.   Lot size is approximately 14,000 Sq.Ft which includes a beautiful garden that makes the property even more attractive, providing a better quality of life for the occupants. Just three blocks from the beach, two blocks from Flamingo Park and is Within Walking Distance to Lincoln Road, Washington Avenue, Collins Avenue, Ocean Drive and "Miami Beach Fifth & Alton Shopping Center" (includes Best Buy, Ross, TJ Maxx, and Staples Publix). The building is in excellent condition, with a new plumbing system. This property is always 100% occupied making it an excellent and stable income generator. The great location makes this a very safe investment.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 3.2

Commission Split (%): 3

Complete Details


Year Build: 0

Building Size: 12,744 SqFt.

No of Stories: 0

Total Lot Area: 14000.00 SqFt.

No of Parking: 0

No of Total Units: 22

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 100%

Full Description


The subject property consists of two amazing Decostyle buildings, built in 1938, in the heart of the historical district of Miami Beach.  12.744 Sq.Ft BUILDING, CONSISTING OF 22 APARTMENTS :  -12 1bed/1bath  -8 study  -2 1bed/2bath.   Lot size is approximately 14,000 Sq.Ft which includes a beautiful garden that makes the property even more attractive, providing a better quality of life for the occupants. Just three blocks from the beach, two blocks from Flamingo Park and is Within Walking Distance to Lincoln Road, Washington Avenue, Collins Avenue, Ocean Drive and "Miami Beach Fifth & Alton Shopping Center" (includes Best Buy, Ross, TJ Maxx, and Staples Publix). The building is in excellent condition, with a new plumbing system. This property is always 100% occupied making it an excellent and stable income generator. The great location makes this a very safe investment.

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