Listed by NAI Miami HQ
$6,400,000
Drexel Ave Apartments
Details
APN 02-3234-002-0750
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,200
Units 16
Price per SqFt $571
Class A
Year Built 1925
Buildings 1
Stories 2
Lot Size (SqFt) 8,000
Zoning RM-1 City of Miami Beach
Modern interiors. Selling based on comparable sales
Investment highlights
- Income producing property
- Charming art deco architecture
- Modern appliances and buildout
- Diverse unit mix
- Opportunity to increase rents
- Secure access
- Private courtyard
- Prime South Beach location
- High walking scoreSUBJECT
- Great proximity to public transportation
- Historic district appeal
- Strong rental demand
Listing Contacts
Listed by NAI Miami HQ
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