Prime Location 10-unit Multi-family In The Heart Of Miami Beach. Fully Renovated Multifamily Including Interior Upgrades, New Electrical & Plumbing, New A/cs, Hurricane Shutters, Refreshed Landscaping, And New Roof (july 2025). Solid 1950 Cbs Construction With 10 2br/1ba Apartments With 5 Private Backyards. Prime North Beach Location-three Blocks To The Ocean, Near Collins/harding. In-place Rents Around $2,100–$2,200/mo With Renewal Upside Toward $2,400–$2,500. Turnkey Cash Flow With Clear Value-add From Rent Growth And Neighborhood Momentum. Noi $186789, Cap Rate 5.62%. Pro Format Cap Rate 6.13% Pro Format Noi $203.889.
offering Memorandum Available Upon Request.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
Heating Description: Central
Cooling Description: CentralAir, WallWindowUnits
Building and Construction
Floor Description: Vinyl
Year Built: 1950
Year Built Description: Resale
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-10-07T12:43:09.000-00:00
Taxes, Fees & More
Taxes: 32321
Apples-to-Apples Comparables
Closest-Match Comparables
Choose a plan with subdivision passes to view Closest-Match Comparables