Miami Beach, Florida 33139

Miami Beach, Florida 33139
Miami Beach, Florida 33139
Miami Beach, Florida 33139
Miami Beach, Florida 33139
Miami Beach, Florida 33139

MLS#: A11822750

$3,400,000 USD

Listed By CBRE, Inc.

The Commercial Property for Sale located at Miami Beach, Florida 33139 is currently for sale. Miami Beach, Florida 33139 is listed for $3,400,000. This property has Total Parking features. If the property located at Miami Beach, Florida 33139 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Miami Beach .

Date Updated : Jun 16, 2025

The details

Property features

Key features

  • Total Parking

Construction details

  • Year built: 1962

Description

Offered at a 5.9% Proforma Cap, the property is currently 93% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property includes four parking spaces. The unit mix inlcudes 7 studios and 7 1BR/1BA. It has over $120,000 in combined CapEx between the current and previous owner. The exterior was fully painted in 2024 ($27k).

Location

Miami Beach, Florida 33139
Map preview
Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.