South Florida
Ocean Beach Multi Family Homes For Sale
Results 3 of 3
MLS# A11758768
N/A
Beds
N/A
Baths
8,140
SqFt
0.0%
N/A
Garage
$430
$/SqFt
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
The Keyes Company
MLS# A11652726
N/A
Beds
N/A
Baths
5,426
SqFt
1.4% Decrease (-$50,000)
N/A
Garage
$542
$/SqFt
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: $15,700, 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!
Alexandria Realty Group LLC
MLS# A11703069
N/A
Beds
N/A
Baths
7,868
SqFt
4.5% Decrease (-$225,000)
N/A
Garage
$604
$/SqFt
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!
Keller Williams Capital Realty
3D Virtual Tour
Professional Photos
Syndicated Exposure
Community Snapshot
N/ABedrooms
$600K to $23MPrice Range
504 - 9,503SqFt Range
1940Year Build
4Total Floors
N/ATotal Units
Subdivision Amenities
Laundry
Scores
Walk Score®
Walker's Paradise. Daily errands do not require a car.
95
100
Transit Score®
Good Transit. Many nearby public transportation options.
53
100
Bike Score®
Very Bikeable. Biking is convenient for most trips.
77
100
Sound Score®
Very loud.
74
100
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