This one-of-a-kind Art Deco Property offers 8 units 4 x 1 bed plus DEN/ 4 bath and 4 x Studios/ 4 bath with good long term rental Income, a separate shed, and 4+ 1 parking spaces, fully fenced backyard. Prime Miami Beach location just 2-3 blocks to the Beach, shopping and Restaurants. There’s potential to expand with either two luxury townhouses or up to five additional apartments. Enjoy immediate great rental income while planning for the added value/ new construction. An architect is available after contract signing. Pride of ownership for more than 25 years, all the units have newer kitchens and partially updated bathrooms, wood floors, and a charming fireplace in the one-bedrooms. Studios come fully furnished. Convenient alley access for easy renovation or new construction.
4,400 Sq Ft
7,000 Sq Ft Exterior Space
Commercial
$30,367 Annual Tax
Built in 1935
MLS/Listing ID A11648433
2 Stories
Lot - In Residential Area
Barrel Roof
Parking - Guest
Lot - City Location
Listing Courtesy of DOUGLAS ELLIMAN, MARION OTT - 305-695-6300
Source of Data: MIAMI ASSOCIATION OF REALTORS