| 1000 7th St Miami Beach, FL 33139 |
| Listed Date YYYY/MM/DD:2023-05-03 | ID: 1011379562 |
| Price: $4,700,000 | County: Miami-Dade County |
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| Area: 42 | Square Footage: |
| Property Tax: $31,002.00 | Water Supply: Municipal Water |
| Sewer Description: Municipal Sewer | Zoning Information:3900 |
| Folio Number: 02-42-03-009-7640 |
| Number of Units: | Year Built: 1951 |
| Number of Parking Spaces:4 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $364800 |
| Net Operating Income: $311298 | Number of Stories: 2.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects No Exemptions |
| Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 97 LOT SIZE 50.000 X 150 OR 16023-1241 0793 1 COC 26210-4069 01 2008 1 |
| 9.6% CAP RATE WITH 70% SELLER FINANCING, 6% INTEREST ONLY FOR 5 YEARS! WITH OPTION FOR ANOTHER 5 YEARS! 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout incl hotel quality baths with celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done! |
