Commercial Sale
Miami Beach, FL 33139
General Information
Location Information
Remarks
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 & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Listing Agent
Periklis Synanidis
CBRE, Inc.
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276