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Mickey Gutleizer

mickey@backyardagent.com +1(754) 224-8223

$2,999,999

Est. payment - /mo

8,128 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,128 sqft

Price per Sqft $369

MLS Listing ID A11896191

HOA Y/N No

Year Built 1947

Annual Tax Amount $39,396

Tax Year 2025

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living. The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Location

State FL

County Miami-dade

Area 42

Direction FROM 395 GO EAST TO ALTON RD, MAKE A LEFT, GO UP TO 8TH ST. MAKE RIGHT AND GO STRAIGHT TILL YOU COME TO MICHIGAN AVE. MAKE LEFT. PROPERTY IS ON THE EAST SIDE

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Exterior

Roof Type Composition

Private Pool Yes

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 02-42-03-009-6670

Ownership Corporation

Security Features Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11896191

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by One Stop Realty

845 Michigan Ave Miami Beach, FL 33139