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1135 8th St 12 Unit Apartment Building $2,800,000 ($233,333/Unit) Miami Beach, FL 33139
Investment Highlights
- Located in heart of South Beach
- Excellent Value-Add Potential
- Property is in good condition
Executive Summary
- 12 units all 1/bd/1ba
- Units average 600 SF
- Rents upwards of $2,250 in place
- Impact windows
- Property has 5 parking spaces (1 ADA)
- Property and units in good condition
- Available individually or part of a larger portfolio
- 1.6% cobroker available
- Units average 600 SF
- Rents upwards of $2,250 in place
- Impact windows
- Property has 5 parking spaces (1 ADA)
- Property and units in good condition
- Available individually or part of a larger portfolio
- 1.6% cobroker available
Property Facts
| Price | $2,800,000 | Building Class | C |
| Price Per Unit | $233,333 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 9,050 SF |
| No. Units | 12 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1961/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 0.55/1,000 SF |
| Zoning | CD-2, Miami Beach - Commercial | ||
| Price | $2,800,000 |
| Price Per Unit | $233,333 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,050 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2024 |
| Parking Ratio | 0.55/1,000 SF |
| Zoning | CD-2, Miami Beach - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Sprinkler System
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $2,150 | 600 - 650 |
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 02-4203-014-0400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,980,000 |
Property Taxes
Parcel Number
02-4203-014-0400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,980,000
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1135 8th St
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