Multifamily in Miami Beach, FL 33140
Orchard, 4349 Sheridan Ave

6,567
SqFt
Status
OFF MARKETExpired
Size
6,567 SqFt (610 m2)
Price
$685/SqFt ($7,376/m2)
Type
Multifamily
Built
1925
MLS Number
A11494856
On Site
1012 Days
Updated
980 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Wood
        • Year Built: 1925
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-12-08T10:09:38.000-00:00
          Taxes, Fees & More
          • Taxes: 27083

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          12/02/2023
          Listed
          $4.5M
           
          $685 ft2
          $7,376 m2
          12/02/2023
          $4.5M
          Event
          Listed
          Price Per
          $685 ft2
          $7,376 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Gregory SelphLet's Go Realty • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          80

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          54

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          71

          100
          Sound Score®
          Bearable noise
          76

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          Studio – 4 BR
          Bedrooms
          $1.7M – $2.9M
          Price Tier
          996 - 7,246
          SqFt Range
          1938
          Year Build
          1
          Total Floors
          480
          Total Units

          Miami Beach
          High-End
          High-End Homes & Condos