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830-840 80th St
Miami Beach, FL 33141
The Wave · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 16 spacious units with private balconies
- Walk to the beach!
- Solid cash flow
Property Facts
| No. Units | 16 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 10,340 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1947 |
| Zoning | RM-1 - Multi Family | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 10,340 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1947 |
| Zoning | RM-1 - Multi Family |
Amenities
Unit Amenities
- Balcony
- Dining Room
About 830-840 80TH ST , MIAMI BEACH, FL 33141
The Wave at 80th Street, a 16 units apartment building located in the North Beach neighborhood of Miami Beach, Florida. The Wave was constructed in 1947 and is divided into 2 buildings, on a 10,340 square foot double lot, with a courtyard. The Wave consists of four 2-bedroom units and twelve 1-bedroom /1-bathroom units. The units have been updated, spacious layout, private balconies and plenty of closet space. Onsite laundry. Current rents are $1150.00-1375.00 per month. 100% occupied. Easy to manage. 40-year Inspection passed in 2018. Excellent value added opportunity. Great rental income property with condo conversion potential. Walk to the beach!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $1,163 | 625 |
| 2+1 | 4 | $1,313 | 710 |
Property Taxes
| Parcel Number | 02-3202-008-0310 | Improvements Assessment | $1,693,000 |
| Land Assessment | $1,017,000 | Total Assessment | $2,710,000 |
Property Taxes
Parcel Number
02-3202-008-0310
Land Assessment
$1,017,000
Improvements Assessment
$1,693,000
Total Assessment
$2,710,000
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