Multifamily in Miami Beach, FL 33139
Ocean Beach, 641 10th St

$3.1M11.6%
$2,740,000
7,272
SqFt
Status
Sold - Nov 19, 2024
Size
7,272 SqFt (676 m2)
Price
$377/SqFt ($4,056/m2)
Type
Multifamily
Built
1930
MLS Number
A11479959
On Site
1033 Days
Updated
18 Days ago
Page Views
0
Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Hardwood,Other,Wood
        • Year Built: 1930
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-11-16T17:42:59.000-00:00
          Taxes, Fees & More
          • Taxes: 41067

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          Price History

          Current
          $2.7M
          High
          $3.1M
          Low
          $2.7M
          Total Change
          -11.6%
          $3.1M$2.9M$2.7MNov 23Jan 24Nov 24
          Date
          Event
          Price
          Change
          Price Per
          11/19/2024
          Sold
          $2.7M
          -3.86%
          $377 ft2
          $4,056 m2
          01/18/2024
          Price Reduced
          $2.9M
          -8.06%
          $392 ft2
          $4,219 m2
          11/02/2023
          Listed
          $3.1M
           
          $426 ft2
          $4,589 m2
          11/19/2024
          $2.7M
          Event
          Sold
          Change
          -3.86%
          Price Per
          $377 ft2
          $4,056 m2
          01/18/2024
          $2.9M
          Event
          Price Reduced
          Change
          -8.06%
          Price Per
          $392 ft2
          $4,219 m2
          11/02/2023
          $3.1M
          Event
          Listed
          Price Per
          $426 ft2
          $4,589 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Menachem Fellig • Compass Florida, LLC. • Buyer Agency Compensation .

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          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®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          28

          100
          Local Score
          Limited local amenities nearby
          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

          Miami Beach
          Mid-Tier
          Mid-Tier Homes & Condos