Miami Beach
$4,600,000 USD
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| Address | Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Price | $4,600,000 |
| Sold on | 4th March, 2026 |
| Sold Price | $4,000,000 |
| Property Status | Closed |
| MLS Number | A11823186 |
| Property Size | 10500 |
| Lot Size | 10500 |
| Year Built | 1925 |
| Folio Number | 02-42-03-009-4310 |
| Zoning Information | 3900 |
| Days on Market | 30 |
Detailed Description: Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. 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. The property has 15 Studios, 3 2BR / 1BA and 2 2BR / 2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior and exterior was painted in 2024 ( $58k). The property features community laundry. It has 6 fully renovated units.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Section | 3 |
| Zip Code (4 Digits) | 4838 |
Financial Information
| Price | $4,600,000 |
| Price per Foot | $0 |
| Sold on | 4th March, 2026 |
| Sold Price | $4,000,000 |
| Folio Number | 02-42-03-009-4310 |
| Terms of Sale | Cash |
| Type of Contingencies | No Contingencies |
Full Descriptions
| Detailed Description | Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. 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. The property has 15 Studios, 3 2BR / 1BA and 2 2BR / 2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior and exterior was painted in 2024 ( $58k). The property features community laundry. It has 6 fully renovated units. |
Property parameters
| Living Area | 10500 |
| Lot Size | 10500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 10500 |
| Year Built | 1925 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Stories Number | 3 |
| Listed with | CBRE, Inc. |