Miami Beach, Florida 33139
MLS#: A11823186
$4,600,000 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 $4,600,000. 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 17, 2025
Property features
Construction details
- Year built: 1925
Description
Offered at a 6.5% Proforma Cap, the property is currently 100% 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 has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Location
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.