$3,500,000
bedrooms
12
bathrooms
12
square feet
8,140
Acreage
-
Open Houses
-
year built
1948
Full Baths
12
Half Baths
0
Exclusive Investment Opportunity in Miami Beach
Almost completely renovated 12-unit, 8,140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location.
Property Highlights:
? Turnkey Investment – Fully renovated with new roof (August 2024)
? Strong Rental History – 95% occupancy rate, ensuring stable cash flow
? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at $1,650/month - 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2,100/month
? Recertification Passed – Fully compliant and up to code
? Projected Cap Rate: 6.76% upon rental completion
ART DECO` DISTRICT
| Location | |
| Subdivision | Ocean Beach Addn No 3 |
| County | Miami-Dade |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: A11758768
Listing agent:
Fabrizio Passatore
#3380549
Listing broker:
Keyes Company Realtors
(305) 371-3592
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:58 p.m. EDT
Kotohomes National