Miami Beach, FL 33139

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Presented By: This listing is courtesy of CBRE, Inc.;
  • MLS# A11823195
  • 06/16/2025
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  • Beds • 16
  • Baths • 16
  • SQFT • 7,160

Home Details

Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 vacancies). 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 Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.
Presented By: This listing is courtesy of CBRE, Inc.;

Interior Features for

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami Beach
CountyMiami-Dade
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOCEAN BEACH ADD NO 3 PB 2-81 LOT 12 BLK 62 LOT SIZE 50.000 X 140 OR 15918-0618 16063-4417 0593 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7000.0
Lot Size UnitsSquareFeet
MLS Area42
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total16
Occupancy TypeTenant
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Structure TypeApartment, MultiFamily
Virtual TourClick here
Year Built1941
Zoning Description3900

Exterior for

Building Area Total7160.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7000.0
Number of Buildings1
Private PoolNo
SpaNo
Waterfront Y/NNo

Additional Details

Price History

Diana Fahmie

Realtor
Price $3,220,000
MLS#A11823195
List Date 06/16/2025
Property Type Commercial
Phone 954.815.8213
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