Commercial Real Estate

Zebur

305.6000958
Commercial SaleMulti Family960 Biarritz Dr, FL, 33141

960 Biarritz Dr Miami Beach FL 33141

960 Biarritz Dr, FL, 33141
    $3,430,000
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    Basics

    Description

    • Description:

      960 Biarritz Drive is a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water and a 5 minute walk to the beach. North Beach is a growing market with a number of attractive retailers, restaurants, and new developments. All 14-units have tile flooring, full kitchens, and impact windows/doors. The property is being offered at a 6.13% existing cap rate and is fully leased with below market rents. The purchaser can likely increase rents. All leases have 60 day termination clauses.

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    Property details

    • Total Building Area: 6574
    • Lot Size Square Feet: 6250
    • Parcel Number: 02-32-10-013-0760
    • Lot Size Area: 6250
    • Structure Type: Multi Family

    Property Features

    • Covered Spaces: 0

    Location Details

    • County Or Parish: Miami-Dade County
    • Zoning Description: 3900

    Fees & Taxes

    • Tax Annual Amount: 31118
    • Tax Legal Description: OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 7 BLK 6 LOT SIZE 50.000 X 125 OR 19401-0108 1200 2 (2)

    Miscellaneous

    • Public Survey Section: 10
    • Syndication Remarks: 960 Biarritz Drive, a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water.

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    This -type commercial real estate is located in 960 Biarritz Dr, FL, 33141 was built in 1977, and is listed at $3,430,000.

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