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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,746 sqft
Price per Sqft $314
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11585944
Sold Date 10/16/24
Style Fourplex
Construction Status Unknown
HOA Y/N No
Year Built 1963
Annual Tax Amount $40,040
Tax Year 2023
Contingent Other
Property Description
BACK ON THE MARKET.
40/50 YR. INSPECTION CERTIFIED. HIGH-IMPACT WINDOWS THROUGHOUT. FULLY OCCUPPIED 13 UNITS PLUS TEN PARKING SPACES. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY AND GAS KEEPING OPERATING EXPENSES VERY LOW. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. CASH OFFER PREFERRED BUT OWNER FINANCING AVAILABLE (35% DOWN, 6.5%, UP TO 36 MONTHS).
Location
State FL
County Miami-dade
Community Ocean Beach Addn No 3
Area 42
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Laminate
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Concrete
Total Parking Spaces 10
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Unknown
Others
Tax ID 02-42-03-009-4450
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Cash
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Bought with LPT Realty