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919 Michigan Ave
Miami Beach, FL 33139
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Great Location on South Beach a few short blocks from the sand and beaches
- Walking distance to Lincoln Road, Washington Avenue and Ocean Drive
- 1 studio and 10 one bedrooms/one bathroom
- Perfect for an investor that wants to enter the Miami Beach market
- Steps away from the New World Center and the newly renovated Miami Beach Convention Center
- Some units already upgraded and renovated
Property Facts
| No. Units | 11 | Building Size | 6,610 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | B | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | 4900 MULTI-FAMILY - CONDO - 0407 RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 6,610 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | 4900 MULTI-FAMILY - CONDO - 0407 RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
About 919 MICHIGAN AVE , MIAMI BEACH, FL 33139
South Beach Building opportunity to develop or hold as rental. This 11 units condominium is being sold in its entirety. Well kept and professionally managed with all records for future owner. Building has 10 parking spaces some covered. Build in 1968 is situated on an approx. 7,000 sq. ft lot with 6,590 sq. ft LA. The building is compromised of 11 apartments that some have been renovated with 1 studio and 10 one bedrooms. The building has seen increasing rents and high levels of demands in this area. This opportunity gives an investor and opportunity to acquire 11 units condominium in a highly desirable sub-market with limited inventory that has seen continual market appreciation and international demand.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,450 | - |
| Studios | 1 | $1,350 | - |
Property Taxes
| Parcel Number | 02-4203-064-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $146,639 |
Property Taxes
Parcel Number
02-4203-064-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$146,639
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