The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $346,154 per unit and $558 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.
Two waterfront buildings on Tatum Waterway in Biscayne Point, Miami Beach across from Crespi Park. Property features a total of 12 units, 7805 has two studios; two 2 bedrooms/one bath; and two 3 bedrooms/two baths, 7815 has one 1 bedroom/1 bath; one 1 bedroom plus den/1 bath; three 2 bedrooms/2baths and one 2 bedrooms plus den/2 baths. One of the buildings has a newer roof and the other is in the process of being replaced. Close proximity to the beach and Bal Harbour. Nearby restaurants, plazas, and shopping options
Investment Opportunity in the Heart of South Beach! Presenting 1310 15th St, a charming two-story building with 4 units, with potential for increased revenue. Units #1 & 2 are currently rented on a month-to-month basis, providing flexibility for a new owner. Meanwhile, unit #3 is owner occupied and #4 currently vacant. The list price encompasses all units, making it a seamless investment opportunity. Situated on a 5,600 SF lot, the building spans 4,278 SF of living space, which provides ample room. Located just blocks away from the beach, Lincoln Road, Espanola Way, and Flamingo Park, tenants can enjoy the vibrant lifestyle South Beach has to offer. Don't miss out on this prime investment in a highly sought-after location! RM-1 Zoning. LOT SIZE 12.500 X 112
Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, top-of-the-line appliances, and hurricane-proof windows. Combo washer & dryer and individual AC in each unit-a mix of layouts from 450 to 895 sq. ft. Located a few blocks from Flamingo Park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.
Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!
Income-Producing Complex in Prime SOUTH BEACH Location. Corner Lot advantage, two story building. Currently an income producing property of 4 units (2beds/2baths). The List Price includes units 2,3 & 4; are rented and are owned by 1 owner. Unit 1 (2/2) is also available, completely remodeled but is not included in the listing price. Collect rent while you upgrade the units or prepare for tear down for development. Multifamily zoning RM-1 allows new development to build up to 55ft height for up to 4 stories. Total land 6,720 sqft. ea. unit is 1191 sqft aprox Walking distance to Lincoln road, shops, beaches, restaurants, major grocery chains, and venetian causeway. Each unit is very spacious and comes with its own parking spot on premises. Contact Listing Agent to schedule a showing
Corner 4plex in sought after West Ave for its proximity to Lincoln Rd., Alton Rd, shops, restaurants & more. Property has completed 40 yr recert & recently termite tented. Each unit consists of 2/2+ Den that can be an additional room, a playroom or office area comfortably sized & private. All units include their own central AC’s, kitchen appliances, hardwood floors & parking. All units are in great condition & fully rented with leases till 2025. The building itself boasts, private luscious landscaping, laundry room, storage room, & meter room (each unit has their own electrical, water & gas meters).This 4unit residential building can allow an owner to live in a unit as primary residence & provide income from other 3 units. Units when vacant are rented in less than a month, very desirable.
THIS PROPERTY IS APPROVED AND LICENSED TO OPERATE AS A SHORT TERM RENTAL UNDER THE DBPR. (LEGAL) This 2 bed 2 bath Four-Plex located right in the heart of South Beach has years of history being rented on AirBnB & managed by a third party management company. The whole building was gutted & Completely renovated recently; It is conveniently located One block from Lincoln Road Mall and the Intercoastal Bay. All units have a 2-bedroom, 2-bathroom layout, new appliances, and air conditioning system, laundry in all units. All properties come furnished and with smart home systems. It is currently fully operational and provides a phenomenal NOI, specially for owner management/self managed. For NOI and more information please text listing agent.
Courtesy: NH & FL Real Estate LLC
603-828-8043
Introducing the "Sirena Azul" Private Villa and four independent apartments ,a versatile property designed for various purposes. This exceptional asset features:A captivating two-story villa comprising 3 bedrooms and 2.5 baths with a central AC and a heated swimming pool with a tranquil atmosphere & 4 Apartments (each unit has 1bed/1 bath and a kitchen area). On-site parking. This property provides the flexibility to serve as a luxurious private residence or a multi-family, w/the possibility of leasing out 4 apartments. Additionally, it presents the opportunity to operate as a bed & breakfast:(The license has to be reinstated). Ideally located: steps from Flamingo Park, Ocean Drive, Beaches, and conveniently close to shops and restaurants, Schools.20 mn from Miami International Airport.
Are you ready to take your real estate investment to the next level? Look no further - we present to you this incredible Fourplex in beautiful Miami Beach! Boasting a prime location and top renovation, this property is a gem waiting for the right owner. Each Apartment: 1 Bed/1 Bath, Monthly Rent: $2,250 per unit. Completely tenant Occupied. All Renovation Work Completed with Permits. The owner has secured verbal permission from the City of Miami Beach to add four more studios. All you need to do is submit your plans and watch your investment grow even further. Showing by Appointment Only.
Courtesy: LPT REALTY
877-366-2213
Excellent LOCATION. Good opportunity for investors or for a family that wants to have their own home and additionally generate income that allows them to pay their mortgage. This 2-unit DUPLEX has a total of 2,728 sqft, 6 bedrooms and 4 bathrooms; each unit is 3/2 with tile floors throughout the house, it has a large terrace to enjoy the Miami Beach afternoons. This multi-family residential is located close to all the attractions that Miami Beach offers: restaurants, businesses, pharmacies, supermarkets, hospitals, schools, recreation and entertainment areas such as: beaches, the famous Normandy Shores Island, I. Creek Island, Newport Fishing Pier, Haulover Beach, Miami Beach Botanical, Garden, North Shore, Park Beach, The Bass, it has bike paths, views of the multi-million dollar oceanfront house; in short, in an excellent location with everything close by to carry out any project you have in mind. In addition, this property does not have any type of restriction or HOA, an excellent and unique opportunity for rentals of all kinds. It has 3 parking spaces inside the property and 4 more in front of the house. Security cameras around the perimeter of the property. HVAC 2023, Water Heater 2011 and Roof 2012. Come see this excellent investment property and generate additional income.
EXTREMELY RARE OPPORTUNITY TO ACQUIRE TWO PRIME CONTIGUOUS LOTS, ONE BLOCK FROM THE BAY ON POSH, BURGEONING NORMANDY ISLE. TOGETHER, THE LOTS SPAN 13,324 SQUARE FEET AND EACH HAS A TURNKEY 4-PLEX ON IT (8-UNITS TOTAL, ALL 1 BED/1 BATH). SPECTACULAR DEVELOPMENT OPPORTUNITY TO GO VERTICAL WITH A 5-STORY BUILDING WITH 18 OR MORE UNITS, PARKING AND POOL, DEPENDING ON DESIGN CONFIGURATION. INCREDIBLE LOCATION, JUST STEPS FROM THE NORMANDY ISLE PARK, THE GOLF COURSE, MULTI-MILLION DOLLAR WATERFRONT HOMES, WALGREENS AND JUST MINUTES TO THE BEACH, PUBLIX, AND THE MAINLAND. THIS IS A WHITE WHALE INVESTMENT, RELENTLESSLY SOUGHT AND ALMOST NEVER FOUND. CALL LISTING BROKER FOR OFFER INSTRUCTIONS.
The White House Apartments at Lincoln Road, a 19-unit multifamily building property in the heart of South Beach. The property is located adjacent to the famous Lincoln Road, a highly desirable location for renters on South Beach. Furthermore, the property is within walking distance to all of South Beach’s attractions including Ocean Drive, Collins, Washington Avenue and Flamingo Park. The building has a total of 19 units, of which 18 units are large studios of an average size of 438 square feet, and one unit is a two-bedroom, two-bathroom apartment of 866 square feet. The 19 units are in line with South Beach’s typical standards, which historically have been running close to 100% occupancy rates. In-place effective rents at the property average $4.25 per square foot.
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Miami Beach is located in Florida. Miami Beach, Florida has a population of 83,469. Miami Beach is less family-centric than the surrounding county with 25.05% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Miami Beach, Florida is $59,162. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Miami Beach is 41.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 60.1 degrees. The average rainfall is approximately 59.2 inches per year, with 0 inches of snow per year.
