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916 W 42nd St
Miami Beach, FL 33140
916 W 42nd St Apartments · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Art-Deco Influenced Miami Beach Apartment Building
  • New Secured Gated Entrance & Railings - Exterior Façade Stucco Renewed With New Hallway Ceilings
  • Updated Cable TV Wires Running Through Interior Conduit - Majority In Wall AC Units Replaced
  • Opportunity To Buy Stable Cash Flowing Asset Offering 26.27% In Upside Of Rental Income
  • Exterior Upgrades Include New Lighting, Security Camera System, Artificial Turf & Landscaping
  • Located In The Highly Sought Out Market Of Miami Beach

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,278 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Parking Ratio 0.19/1,000 SF
Zoning RM-1

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Kitchen
  • Refrigerator

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Gated

Unit Mix Information

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

Property Taxes

Property Taxes

Parcel Number
02-3222-019-0330
Land Assessment
$1,218,750
Improvements Assessment
$651,250
Total Assessment
$1,870,000
  • Listing ID: 30276030

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 916 W 42nd St, Miami Beach, FL 33140

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