Multifamily in Miami Beach, FL 33139Ocean Beach, 1000 7th St
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Closed
7,868
SqFtStatus
Sold - Aug 01, 2023
Size
7,868 SqFt (731 m2)
Price
$595/SqFt ($6,409/m2)
Type
Multifamily
Built
1951
MLS Number
A11379562
On Site
1231 Days
Updated
18 Days ago
Page Views
0
9.6% CAP RATE WITH 70% SELLER FINANCING, 6% INTEREST ONLY FOR 5 YEARS! WITH OPTION FOR ANOTHER 5 YEARS! 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, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout incl hotel quality baths with 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!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony, Barbecue, OutdoorGrill
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Marble,Tile
- Year Built: 1951
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-05-03T07:24:22.000-00:00
Taxes, Fees & More
- Taxes: 31002
Apples-to-Apples Comparables
Price History
Current
$4.7M
High
$5M
Low
$4.7M
Total Change
-5.8%Date
Event
Price
Change
Price Per
08/01/2023
Sold
$4.7M
-0.32%$595 ft2
$6,409 m2
07/31/2023
Price Reduced
$4.7M
-2.08%$597 ft2
$6,430 m2
07/11/2023
Price Reduced
$4.8M
-3.03%$610 ft2
$6,567 m2
06/01/2023
Price Reduced
$5M
-0.5%$629 ft2
$6,772 m2
04/30/2023
Listed
$5M
 $632 ft2
$6,806 m2
08/01/2023
$4.7M
Event
Sold
Change
-0.32%Price Per
$595 ft2
$6,409 m2
07/31/2023
$4.7M
Event
Price Reduced
Change
-2.08%Price Per
$597 ft2
$6,430 m2
07/11/2023
$4.8M
Event
Price Reduced
Change
-3.03%Price Per
$610 ft2
$6,567 m2
06/01/2023
$5M
Event
Price Reduced
Change
-0.5%Price Per
$629 ft2
$6,772 m2
04/30/2023
$5M
Event
Listed
Price Per
$632 ft2
$6,806 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ricky Kallabat • Keller Williams Capital Realty • Buyer Agency Compensation .
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Scores
95
100
53
100
77
100
78
100
0
100
28
100
2
100
Community Snapshot
3 – 4 BR
Bedrooms
$2.2M – $4.4M
Price Tier
504 - 9,503
SqFt Range
1946
Year Build
3
Total Floors
Subdivision Amenities
Laundry
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