1150 8th St Miami Beach, FL 33139
5,426 SqFt
UPDATED:
12/09/2024 05:40 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,426 sqft
Price per Sqft $626
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11652726
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $37,946
Tax Year 2024
Property Description
on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner
Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term
Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building.
Total Monthly income: $15,700, move in 5.3% CAP Rate with potential upside on the rents!
Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually!
All Units come furnished with inventory list, they are all the exact same on the interior!
Location
State FL
County Miami-dade
Community Ocean Beach Addn No 3
Area 32
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Brick,Block
Construction Status Resale
Others
Tax ID 02-42-03-009-8650
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA