Multifamily in Miami Beach, FL 33141Biscayne Beach, 705 83rd St
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Closed
$1,200,000
3,407
SqFtStatus
Sold - Mar 29, 2022
Size
3,407 SqFt (317 m2)
Price
$352/SqFt ($3,791/m2)
Type
Multifamily
Built
1949
HOA
N/A
MLS Number
A11159453
On Site
1666 Days
Updated
18 Days ago
Page Views
0
SOUGHT AFTER LOCATION BLOCKS AWAY FROM THE BEACH. This multi-family is the perfect investment to capitalize on the booming tourism sector & economic improvement in this neighborhood. Potential buyers will have the chance to continue operating the building as apartment rentals with room to increase rent up to $8,000/m with light touch interior TLC. Turn-key investment opportunity to own a cash-flowing property in Miami Beach. This 1-story consists of 5 units featuring a mix of four 1-bed/1-bath and one 2-beds/1-bath. 2 out of the 5 units are remodeled with new floors, kitchen, W/D inside the units. The roof has been completely changed with clay tiles, 40-year certificate and CU up to date, fresh exterior paint, new landscaping, and much more!. Pro forma rental can be provided upon request.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Concrete,Other,Tile
- Year Built: 1949
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-02-22T09:22:12.000-00:00
Taxes, Fees & More
- Taxes: 10944
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
02/10/2022
Listed
$1.2M
 $352 ft2
$3,791 m2
02/10/2022
$1.2M
Event
Listed
Price Per
$352 ft2
$3,791 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Sven Sommer • Global Luxury Realty LLC • Buyer Agency Compensation .
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Scores
23
100
40
100
43
100
82
100
0
100
24
100
0
100
Community Snapshot
2 – 5 BR
Bedrooms
$699K – $12.9M
Price Tier
657 - 10,728
SqFt Range
1950
Year Build
2
Total Floors
491
Total Units
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