Year Build: 0
Building Size: 10,685 SqFt.
No of Stories: 2
Total Lot Area: 0.00 Acre
No of Parking: 0
No of Total Units: 19
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
Capital Commercial Real Estate Group, Inc. is pleased to present two contiguous two-story, concrete block buildings, with 8 and 11 units. (Tax records indicate 8 and 12). Washer/Dryer in each building. Tenants pay all electric. Deferred maintenance and low rents give the opportunity to spruce up and increase income. True value lies in the future development opportunity in this prime development area.
Smack in the middle of Miami Beach, close to new Hilton and surrounded by new, high-end residential and hotel development. Walking distance to beach, shopping, dining, etc. Rental units provide income until new development takes over.