615 85 STMiami Beach, FL 33141MLS Number A10283682

  • Price: $1,498,000
  • Est. Mortgage of $/month
  • 150 Days on Market
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$
%
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Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1957Year Built
  • 60Approximate Age
  • FourplexProperty Style
  • 32Area Int

Driving Directions

Please do not disturb the tenants. Contact the listing broker for all questions and showings. This is an excellent income-generating 4plex located in North-Beach, a neighborhood nestled between ultra-lux Bal Harbor to its north and the revolutionary new Faena district to its south. This is a property poised for phenomenal appreciation in an area undergoing a massive upward transition, accelerated by targeted municipal investment in new sidewalks, street landscaping and brand new infrastructure. Tenants love the area and support a very strong rental market with sub 3% vacancies. Located only blocks away from the beach, this asset gives an investor the opportunity to own a building consisting of four 2 bed 2 bath apartments in extraordinary condition, with several renovations.

Listed by Keller Williams Eagle Realty

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More Info

Location

  • SubdivisionBiscayne Beach 2nd Addn
  • Address615 85 ST
  • TownMiami Beach
  • CountyMiami-Dade
  • Zip33141
  • StateFL

Exterior

  • RoofingOther Roof

Amenities

  • AmenitiesY/ Contact listing broker for all questions and showings.
  • Air ConditioningWall/Window Unit Cooling

Building

  • Year Built1957
  • Approximate Age60
  • Two StoryY

Interior

  • Lot DescriptionLess Than 1/4 Acre Lot
  • Floor InformationOther Floors

Utilities

  • SewerMunicipal Sewer
  • Heat TypeOther

Other

  • Date Listed05/25/2017
  • Total Expenses$28,789
  • Annual Tax$8,449
  • Tax Year2016
  • View Count2

Property

  • List Price$1,498,000
  • MLS NumberA10283682
  • Virtual TourClick Here
  • Property TypeResidential Income
  • Property StyleFourplex
  • ExteriorConcrete Block With Brick
  • Area Int32

Water Body

  • Water ViewN
  • Has WaterfrontN
Lombardi Properties
167 NW 25th Street
Miami, FL 33127

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