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OCEAN BEACH ADDN NO 3
DESCRIÇÃO
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
Data is provided by Miami Board of Realtors.
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Listed on March 07, 2025 by Fabrizio Passatore from The Keyes Company, this apartment is for sale. apartment for sale in South Beach listed at $3,500,000, Reference A11758768
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