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New
153
Home61's Closings in
South Beach
Amenities
Key features
Living area
N/A
Maintenance
$ 0
Tax
N/A
Tenant Occupied
No
Parking Space
4
Floor #
0 / 2
Building
-
On market
5 days
$ /sqft
-
Type
apartment
Unit
-
Year Built
1968
Zip Code
33139
Ref./MLS ID
A11711790
DESCRIPTION
Prime investment opportunity in south beach! this income-producing 5-unit boutique building sits on a corner lot at meridian ave and 8th street, one of the most picturesque and desirable locations in miami beach. Offering tremendous upside potential, the property is zoned 4900 multi-family with a far of 1. 25, allowing for up to 5,250 sq. Ft. Of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in south beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after south of fifth neighborhood
Data is provided by Miami Board of Realtors.
Public transportation
Washington Av & 8 St
123
C
2 mins
Washington Av & 7 St
123
C
2 mins
Washington Av & 9 St
120
123
150
C
3 mins
5 St & Meridian Av
C
M
4 mins
Nearby School In South Beach
Data Provided by greatschools.org
Neighborhood
South Beach
- fashion
- beach
- ocean
- nightlife
- party
- restaurants
- bars
- condos
- ocean front homes
- luxury
- miami
Listed on December 19, 2024 by Uri Redler from Cervera Real Estate Inc., this apartment is for sale. apartment for sale in South Beach listed at $1,950,000, Reference A11711790
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board 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.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board 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.