Basic Information

  • MLS # A11159453
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex BISCAYNE BEACH SUB
  • Year Built 1949
  • Total Sqft 3,407
  • Date Listed 02/22/2022
  • Days on Market 35
Description

SOUGHT AFTER LOCATION BLOCKS AWAY FROM THE BEACH. This multi-family is the perfect investment to capitalize on the booming tourism sector & economic improvement in this neighborhood. Potential buyers will have the chance to continue operating the building as apartment rentals with room to increase rent up to $8,000/m with light touch interior TLC. Turn-key investment opportunity to own a cash-flowing property in Miami Beach. This 1-story consists of 5 units featuring a mix of four 1-bed/1-bath and one 2-beds/1-bath. 2 out of the 5 units are remodeled with new floors, kitchen, W/D inside the units. The roof has been completely changed with clay tiles, 40-year certificate and CU up to date, fresh exterior paint, new landscaping, and much more!. Pro forma rental can be provided upon request.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 3,407Sq.Ft
  • Cooling Description Central Air
  • Floor Description Concrete, Other, Tile
  • Heating Description Central
  • Sqft 3,407 Sq.Ft

Property Features

  • Address 705 83rd St
  • Aprox. Lot Size 3,407
  • Association Fee Frequency Annually
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info BISCAYNE BEACH SUB
  • Tax Amount $10,944
  • Tax Legal desc BISCAYNE BEACH SUB PB 44-67 LOT 29 BLK 7 LOT SIZE 50.000 X 113 OR 16003-3004 0793 1
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

705 83rd St

Miami Beach, FL 33141

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