Miami Beach, FL 33141

Closed

$1,975,000

Est. Payment $10,512/mo

MLS Sheet Video

1946

Year Built

Stories

Days on Market

Description

Investment opportunity in vibrant Miami Beach! This 8-unit apartment building features updated one-bedroom units, perfect for savvy investors seeking value-add potential. Situated in a neighborhood with new developments on the horizon. Ideal for investors seeking to capitalize on Miami's booming real estate market and the growth of this thriving community and Prime location near beaches, dining, and entertainment. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to enter Miami's lucrative real estate market, this opportunity is not to be missed.

Facts

MLS#: A11666387
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1946
Lot Size: 6,637 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 60 days
Listed: Nov 8, 2024
Last Updated: Feb 13, 2025
Price/Lot Sq.Ft.: $298/ft²

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Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/13/2025	Sold	$1,975,000
11/8/2024	Listed for sale	$1,975,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

Miami Beach, FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Dr. Gilbert L. Porter Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Islamic School of Miami
KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Learning Links School House
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.1 mi
World Hope Academy
9,10,11,12 · private · 1.2 mi
Hammocks Middle School
6,7,8 · public · 1.3 mi
Jorge Mas Canosa Middle School
6,7,8 · public · 1.5 mi
Christina M. Eve Elementary School
PK,KG,1,2,3,4,5 · public · 1.5 mi
Miami Baptist School
PK,KG,1 · private · 1.5 mi
Town Center Preschool
PK,KG,1,2,3,4,5,6 · private · 1.5 mi
Felix Varela Senior High School
9,10,11,12 · public · 1.6 mi

Estimated Monthly Payment

$12,308/mo

Principal & Interest

$10,512

Property Tax

$1,646

Insurance

$150

HOA

Down Payment20% ($395,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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