Orchard, 4349 Sheridan Ave Miami Beach, FL 33140

Exciting asset-first time to market in 25 years for this vintage jewel. 2 building structures with classic hardwood floors and central ac throughout. 12 units in total-4 studio & 8 one bedroom. 11 units are corners. 8 units have been remodeled. Extremely attractive pro forma cap rate at about 5%. 40 year recertification completed. Meticulously maintained by same owner operator, this building runs smooth as silk. 4 blocks from the beach-close to interstate access-1 block from city park-walk to restaurants and stores-very clean & very quiet single family neighborhood. All long term leases-all high credit score tenants-all criminal and financial background checks. Building access secured by keypad entry. Laundry facility on site. Parking area in front of the building. Thank you.