Multifamily in Miami Beach, FL 33139
Ocean Beach, 935 Meridian Ave

$3M10%
$2,700,000
4,726
SqFt
Status
Sold - Apr 07, 2023
Size
4,726 SqFt (439 m2)
Price
$571/SqFt ($6,150/m2)
Type
Multifamily
Built
1930
HOA
N/A
MLS Number
A11288998
On Site
1429 Days
Updated
18 Days ago
Page Views
0
$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity to own an Old World Mediterranean Masterpiece. They don't build them like this anymore! Mid-Century European meets Art Deco in this completely gated & restored 4 units, 2 buildings, a large (7000 SFT) lot, the most beautiful tree lined street! Renovations include new AC, modern kitchens & baths, hardwood floors and impact windows. EVERYTHING is done, you won't need to spend a dime for a long time. 40 year done in 2020. All tenants on annual leases generating a 6%+ CAP RATE. New rents in the area justify a 6% increase which pushes that over 7%. 6 blocks from Lincoln, Ocean & S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER MUST SIGN PERSONAL GUARANTY FOR FINANCING..

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Porch,Patio
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Hardwood,Tile,Wood
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1930
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2022-10-17T09:45:10.000-00:00
        Taxes, Fees & More
        • Taxes: 21476

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        Price History

        Current
        $2.7M
        High
        $3M
        Low
        $2.7M
        Total Change
        -10%
        $3M$2.9M$2.7MOct 22Nov 22Dec 22Apr 23Apr 23
        Date
        Event
        Price
        Change
        Price Per
        04/07/2023
        Sold
        $2.7M
        0%
        $571 ft2
        $6,150 m2
        04/04/2023
        Price Reduced
        $2.7M
        -6.9%
        $571 ft2
        $6,150 m2
        12/06/2022
        Price Reduced
        $2.9M
        -3.3%
        $614 ft2
        $6,605 m2
        11/25/2022
        Price Reduced
        $3M
        -0.03%
        $635 ft2
        $6,831 m2
        10/14/2022
        Listed
        $3M
         
        $635 ft2
        $6,833 m2
        04/07/2023
        $2.7M
        Event
        Sold
        Change
        0%
        Price Per
        $571 ft2
        $6,150 m2
        04/04/2023
        $2.7M
        Event
        Price Reduced
        Change
        -6.9%
        Price Per
        $571 ft2
        $6,150 m2
        12/06/2022
        $2.9M
        Event
        Price Reduced
        Change
        -3.3%
        Price Per
        $614 ft2
        $6,605 m2
        11/25/2022
        $3M
        Event
        Price Reduced
        Change
        -0.03%
        Price Per
        $635 ft2
        $6,831 m2
        10/14/2022
        $3M
        Event
        Listed
        Price Per
        $635 ft2
        $6,833 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Ricky KallabatKeller Williams Capital Realty • 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