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235 77th St
Miami Beach, FL 33141
Malibu House · Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,520 SF
Average Occupancy 88%
No. Stories 2
Year Built 1939
Parking Ratio 0.42/1,000 SF
Zoning RM-1, Miami Beach - Residential Multi-Family

Amenities

Unit Amenities

  • Air Conditioning

About 235 77TH ST , MIAMI BEACH, FL 33141

MALIBU is an 8-unit apartment building in the heart of Miami Beach’s North Beach neighborhood. It is a recently improved, cash-flowing asset in an unbeatable location. Located between Collins Avenue and Harding Avenue, MALIBU is less than a block from the beach in one of the fastest growing neighborhoods in Miami Beach. In-place rents are well under market value and can be immediately raised to reflect the high rental demand in North Beach. Most existing tenancy is on a monthly basis. MALIBU was originally operated as a 12-unit building and then converted to 8 units. There are 4 studios and 4 one-bedroom, 2-bathroom units. Zoning was recently approved for Short-Term Rentals.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -
1+2 4 - -

Property Taxes

Property Taxes

Parcel Number
02-3202-007-0150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,271,111
  • Listing ID: 10775079

  • Date on Market: 11/27/2017

  • Last Updated:

  • Address: 235 77th St, Miami Beach, FL 33141

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