Commercial Real Estate

Zebur

305.6000958
Commercial SaleMulti FamilyMiami BeachMeridian Ave, Miami Beach,

1770 Meridian Ave Miami Beach FL 33139

Meridian Ave, Miami Beach,
    $12,990,000
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    Basics

    Description

    • Description:

      SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

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    Property details

    • Total Building Area: 23234
    • Number of Buildings: 1
    • Lease Term: 12 Months
    • Lot Size Square Feet: 18750
    • Parcel Number: 02-32-34-007-0320
    • Possession: Closing & Funding,Negotiable
    • Lot Size Dimensions: 125
    • Road Frontage Type: City Street
    • Lot Size Area: 18750
    • Structure Type: Apartment,Multi Family

    Property Features

    • Parking Features: On Street
    • Security Features: Smoke Detector(s)
    • Construction Materials: Block
    • Cooling: Wall/Window Unit(s)
    • Cooling Y/N: 1
    • Covered Spaces: 0
    • Flooring: Laminate
    • Sewer: Public Sewer
    • Roof: Built-Up
    • Waterfront Y/N: 0
    • Water Source: Public
    • Stories: 2

    Location Details

    • County Or Parish: Miami-Dade County
    • Zoning Description: 4000

    Fees & Taxes

    • Tax Annual Amount: 107711
    • Tax Year: 2023
    • Tax Legal Description: 34 53 42 GOLF COURSE SUB AMD PL PB 6-26 LOT 10 & N12.5FT LOT 9 & N1/2 OF LOT 8 & S37.5FT LOT 9 BLK 21 LOT SIZE 125.000 X 150 OR 17926-4846-8

    Miscellaneous

    • Public Survey Township: 2
    • Public Survey Section: 34
    • Syndication Remarks: Income-producing, 31-unit apt building in a corner location near Lincoln Road, across from the Convention Center. Cash-flowing with high occupancy.
    • Tenant Pays: Electricity,Gas
    • Year Built Details: Resale

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    This -type commercial real estate is located in Meridian Ave, Miami Beach, was built in 1954, and is listed at $12,990,000.

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