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1850 S Treasure Dr
North Bay Village, FL 33141
Intracoastal Front Multifamily · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 7,222 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.38/1,000 SF
Zoning RM-40, North Bay Village

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range

About 1850 S TREASURE DR , NORTH BAY VILLAGE, FL 33141

Fantastic 10 unit apartment building on the intracoastal. Incredible open bay views from this 2-story CBS building consisting of 2- 2/2's and 8- 1/1's on a large 12,000 SF lot on a very private and tranquil street. Consistently fully rented, the property features upside as some units are renovated and some others can benefit from a unit improvement program; still, all have rents that can be considered lower for the area. The units are individually metered for the electric while the owner pays for water bills. In addition, the property can be sold individually or together with a 16 unit in South Beach (please inquire) if looking to own two excellent assets in two different, yet great sough after areas. A total of 26 units in two buildings - this updated one on the SE corner of Treasure Island between Miami and the beach with incredible views and larger units. Located in beautiful North Bay Village, the property is on a tranquil street, just 2 blocks away from NE 79th St/Normandy Dr. From there it connects Miami with Miami Beach, making the property accessible to all the area' s fantastic restaurants, shopping, entertainment and famous Miami Beaches. In addition, going West, it is easily accessible to the Golden Glades Interchange and from there to major South Florida destinations. Please sign and return attached confidentiality agreement for additional information.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
2+2 2 - -

Property Taxes

Property Taxes

Parcel Number
23-3209-014-0100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,300,000
  • Listing ID: 9994669

  • Date on Market: 11/16/2017

  • Last Updated:

  • Address: 1850 S Treasure Dr, North Bay Village, FL 33141

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