Miami Beach, FL 33141MLS Number A10770330

  • Price: $5,500,000
  • Est. Mortgage of $/month
  • 4 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 3.69% last updated on Nov 7, 2019
* 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.
  • 1958Year Built
  • 117080Operating Expense
  • $397,320Total Actual Rent
  • $63,100Taxes

Driving Directions

INVESTORS OPPORTUNITY - REAL 5 CAP !! Only 1 block away from the beach and within the Short-term / Airbnb area ! Easy to manage. All spacious renovated apartments comprised of 8-one bedroom and 18-studio units in excellent conditions. Beautiful North Beach is a dynamic area with rapidly increasing rents, tucked between world- famous South Beach, prestigious Bal Harbor, and gorgeous beaches and waterways. The area is widely viewed as the next frontier for Miami Beach development. Acquire now at today’s discounted rates, and ride the wave of price increases. Complete rent roll attached. Package of buildings available.

Listed by Benjamin Lipkin of World Class Realty

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More Info

Basic Information

  • List Price$5,500,000
  • MLS NumberA10770330
  • Net Operating Income$280,040
  • Operating Expense117080
  • Rent IncludesGardener, Pest Control, Sewer, Trash Collection, Water
  • StatusACT
  • Total Actual Rent$397,320
  • Virtual TourClick Here

Tax Information

  • Taxes$63,100

Building

  • Construction MaterialsBlock
  • LevelsTwo
  • Property StyleFourplex
  • Stories2
  • Year Built1958

Interior

  • FlooringTile

Exterior

  • RoofFlat

Other

  • View Count1

Location

  • Area32
  • CountyMiami-Dade
  • SubdivisionAltos Del Mar No 3
  • Zip33141

Property

  • Lot Description1/4 to 1/2 Acre Lot
  • Parking Spaces
  • Parking Total
  • Property SubTypeQuadruplex
  • Zoning3900 MULTI-FAMILY

Utilities

  • CoolingCentral Air
  • Heat SystemElectric
  • SewerPublic Sewer
Lombardi Properties
Lombardi Properties
160 NW 26th Street #201
Miami, FL 33127

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on November 11, 2019

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