Multifamily in Miami Beach, FL 33141Biscayne Beach, 705 83rd St
Closed
$1,200,000
Beds
3,407
SqFt$352
$/SqFtMid-Tier MultifamilyProperty Type
1949Year Built
$352/SqFtPrice per sq ft
FourplexStyle
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.
Listing Courtesy Of: Global Luxury Realty LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1713 DaysUpdated: 66 Days agoPage Views: 0
Features
MLS Number: A11159453
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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Community Snapshot
3 – 5 BR
Bedrooms
$890K – $10.5M
Price Tier
657 - 10,728
SqFt Range
1950
Year Build
2
Total Floors
491
Total Units
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