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Investment Highlights
- Convenient proximity to Miami International Airport, major highways, and local lifestyle destinations.
- Situated on a private bay-access street in South Beach steps from Lincoln Road.
Property Facts Under Contract
| Price | $2,900,000 | Building Class | C |
| Price Per Unit | $241,667 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 4,460 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Parking Ratio | 0.9/1,000 SF |
| Zoning | RM-2 - RM -2 BUILD UP TO 6 STORIES. CAN BE USED FOR SHORT-TERM RENTAL with LICENSE. | ||
| Price | $2,900,000 |
| Price Per Unit | $241,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,460 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | RM-2 - RM -2 BUILD UP TO 6 STORIES. CAN BE USED FOR SHORT-TERM RENTAL with LICENSE. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 2+2 | 8 | - | - |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-3233-023-0130 | Improvements Assessment | $1,000 |
| Land Assessment | $1,500,000 | Total Assessment | $1,501,000 |
Property Taxes
Parcel Number
02-3233-023-0130
Land Assessment
$1,500,000
Improvements Assessment
$1,000
Total Assessment
$1,501,000
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