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Multifamily in Miami Beach, FL 33141Biscayne Beach, 7751 Hawthorne Ave
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OFF MARKET
8,000
SqFtStatus
OFF MARKETExpired
Size
8,000 SqFt (743 m2)
Price
$906/SqFt ($9,755/m2)
Type
Multifamily
Built
1949
MLS Number
A11360651
On Site
1273 Days
Updated
1148 Days ago
Page Views
0
CAP RATE 4%, also 4 Consecutive waterfront lots containing 1 Duplex and 3 Fourplex to equal 14 units fully rented . Rental Income is $28,300 monthly and increasing every month more by adding more boats and wave runners. Also, this development opportunity allows to build 2 luxury buildings. This is perfect for the right developer. THIS IS THE BEST DEVELOPMENT OPPORTUNITY ON MIAMI BEACH! The 4 lots total 21,6750 sqft of land.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CentralAir, CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: CeramicTile,Wood
- Year Built: 1949
- Year Built Description: Effective Year Built
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Listing Date: 2023-03-22T00:51:50.000-00:00
Taxes, Fees & More
- Taxes: 12164
Apples-to-Apples Comparables
Price History
Current
$7.3M
High
$72.5M
Low
$7.2M
Total Change
-2%Date
Event
Price
Change
Price Per
05/03/2023
Price Increased
$7.3M
1.4%$906 ft2
$9,755 m2
04/24/2023
Price Reduced
$7.2M
-1.38%$894 ft2
$9,620 m2
04/08/2023
Price Reduced
$7.3M
-90%$906 ft2
$9,755 m2
04/03/2023
Price Increased
$72.5M
881.06%$9,063 ft2
$97,549 m2
03/29/2023
Price Reduced
$7.4M
-0.14%$924 ft2
$9,943 m2
03/21/2023
Listed
$7.4M
$925 ft2
$9,957 m2
05/03/2023
$7.3M
Event
Price Increased
Change
1.4%Price Per
$906 ft2
$9,755 m2
04/24/2023
$7.2M
Event
Price Reduced
Change
-1.38%Price Per
$894 ft2
$9,620 m2
04/08/2023
$7.3M
Event
Price Reduced
Change
-90%Price Per
$906 ft2
$9,755 m2
04/03/2023
$72.5M
Event
Price Increased
Change
881.06%Price Per
$9,063 ft2
$97,549 m2
03/29/2023
$7.4M
Event
Price Reduced
Change
-0.14%Price Per
$924 ft2
$9,943 m2
03/21/2023
$7.4M
Event
Listed
Price Per
$925 ft2
$9,957 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Raquel Oliva • Randa Realty Services Corp • 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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