Ocean Beach Real Estate For SaleNo HOA

Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8,140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location. Property Highlights: ? Turnkey Investment – Fully renovated with new roof (August 2024) ? Strong Rental History – 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at $1,650/month - 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2,100/month ? Recertification Passed – Fully compliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO` DISTRICT

Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6.5% INTEREST ONLY = Term 3 Years. 1.5 Points at close. 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!

Live chic and relaxed in South of Fifth’s most exclusive boutique building. Built in 2023, Unit 302 at Ocean Park South Beach is the premier residence in a collection of just 10 luxury homes. Tenant in place paying $11,750/month—invest and win! Enjoy your private outdoor oasis with a 36’ pool, spa Jacuzzi, summer kitchen, yoga deck, and open-air gym. This 2BR/2BA stunner features 10' ceilings, floor-to-ceiling windows, Poliform® kitchen with Wolf/Sub-Zero® appliances, oak floors, marble baths, and private elevator entry. Located on Ocean Drive across from the beach and South Pointe Park.

This is your opportunity to experience the PINNACLE of Miami Beach living - bar none. Positioned on a 7,500 sq. ft. electronically-gated lot, this 3 bedroom, 2 bathroom home is equipped with a truly exceptional backyard: a sizable pool, outdoor shower, wood deck and patio where your greatest memories are yet to be made. Equipped with a backyard entrance for use by friends and family, this house is designed for those who have a knack to entertain and seek to maximize the art of indoor/outdoor living. This special property is located just steps from Lincoln Road and the quiet Flamingo/Lummus neighborhood of Miami Beach. Providing peace and quiet, yet proximity to all of the top Miami Beach restaurants, nightlife and shops, this dream home simply offers it all.