USD 4,975,000
1000 7th St
Miami Beach, Florida 33139
Property Description
9.6% CAP RATE = 70% SELLER FINANCING FOR 5 YEARS 6% INTEREST ONLY! WITH OPTION FOR ANOTHER 5 YEARS! 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths with celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!
Listed by Keller Williams Capital Realty
Property Details
- ID #
- A11379563
- Status
- Sale
- Type
- Commercial, Industrial, Income/Multi-Family 5+
- Zip Code
- 33139
- Year Built
- 1951
- Parking Spaces
- 4
- Building Feature
- Air Conditioning
- Ground Feature
- Fenced
- Water Source
- City/mains water
- Septic
- City sewer
- Construction
- Concrete Block Construction
- Lease Term
- Annual Lease, Month To Month Lease, Subject To Lease
- Occupancy
- Tenant Occupied
- Parking
- Assigned Parking, Common Parking, Street Parking
- Road Frontage
- City Road
- Security
- Security Lighting
- Type of Building
- Commercial/Residential Income, Residential-Multi-Family
- Utilities
- Internet
- Zoning Information
- 3900
- Miscellaneous
- Barbeque, Exterior Lighting, Landscaped, Laundry Facilities
