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MIAMI CONDO HOLDINGS 750-770 NE 195th St 64 Unit Apartment Building $11,000,000 ($171,875/Unit) Miami, FL 33179



Executive Summary
California Club Apartments is a 64-unit complex located at 750 NE 195th Street in Miami, Florida. The offering consists of a 2-story building constructed in 1978 that has 54,006 gross and 36,840 net rentable SF, sitting on a 2.85-acre parcel. The unit mix is comprised of (40) spacious studios, (16) 1-bed/1-bath lofts, (6) 1-bed/2-bath, (1) 2-bed/2-bath, as well as (1) 2-bed/2-bath loft. The property was built of concrete block with stucco finish and pitched shingle roofs.
California Club residents enjoy well-lit interior corridors, laundry rooms on each floor, 86 on-site parking spaces and expansive, lushly landscaped grounds. Every unit has either a private balcony or a terrace and select units have lake and/or park views and some have vaulted ceilings. While not a part of the subject property, the 4.3- acre Gordon Park is immediately next door and is open to the public, has a tot-lot and a dog park, providing tenants with a built-in amenity for outdoor enjoyment.
California Club residents enjoy easy access to Ives Dairy Road and I-95. Despite this access to major roadways, residents benefit from the tranquil neighborhood feel. Conveniently, about 1 mile from the property is a shopping center that has Winn-Dixie, Dollar Tree, and others. Just across the lake is Aventura Isles, a gated community built about 10 years ago. Single-family homes in this development have recently sold between $639,000 - $1,150,000 with the townhome sales having gone between $400,000 - $585,000.
California Club residents enjoy well-lit interior corridors, laundry rooms on each floor, 86 on-site parking spaces and expansive, lushly landscaped grounds. Every unit has either a private balcony or a terrace and select units have lake and/or park views and some have vaulted ceilings. While not a part of the subject property, the 4.3- acre Gordon Park is immediately next door and is open to the public, has a tot-lot and a dog park, providing tenants with a built-in amenity for outdoor enjoyment.
California Club residents enjoy easy access to Ives Dairy Road and I-95. Despite this access to major roadways, residents benefit from the tranquil neighborhood feel. Conveniently, about 1 mile from the property is a shopping center that has Winn-Dixie, Dollar Tree, and others. Just across the lake is Aventura Isles, a gated community built about 10 years ago. Single-family homes in this development have recently sold between $639,000 - $1,150,000 with the townhome sales having gone between $400,000 - $585,000.
Property Facts
| Price | $11,000,000 | Building Class | C |
| Price Per Unit | $171,875 | Lot Size | 2.85 AC |
| Sale Type | Investment | Building Size | 54,006 SF |
| No. Units | 64 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.59/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RU-4 - RU-4 (High Density Apartment House District) This zoning approves the property for a 142-unit complex to be built on 8 stories. | ||
| Price | $11,000,000 |
| Price Per Unit | $171,875 |
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.85 AC |
| Building Size | 54,006 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | RU-4 - RU-4 (High Density Apartment House District) This zoning approves the property for a 142-unit complex to be built on 8 stories. |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | $1,493 | 480 |
| 1+1 | 16 | $1,746 | 625 |
| 1+2 | 6 | $2,225 | 940 |
| 2+2 | 2 | $2,350 | 1,000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30-2206-043-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,978,293 |
Property Taxes
Parcel Number
30-2206-043-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,978,293
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MIAMI CONDO HOLDINGS | 750-770 NE 195th St
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