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33308448
33308449

734 Michigan Ave, Miami Beach, FL 33139

BJ
3107774
Real Estate Sales Force
Listed by Real Estate Sales Force
$2,940,000
1 day on market
Updated 0 days ago

OCEAN BEACH ADD NO 3

Details
APN 02-42-03-330-0001
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,300
Units 2
NOI $118,084
Year Built 2006
Stories 3
Zoning 3900
Parking Spaces 2 spaces
Parking Per SqFt 0.61

Multifamily | 2 Units

Marketing description

This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Very low Maintenance fees. Two independent units 6 and 7 that are adjacent that combined will give 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces in a complex of only 7 townhouses. This 2 Modern South Beach Tri-level townhomes loft style can be combined for a total of 2890 sq feet. Currently generating $12,500 per month of income. Soaring 28 ft ceilings. Secure complex with only 7 Townhouses . White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high Impact windows and doors. Unbeatable location within 2 blocks to the shopping center on Alton Rd and 5th Ave. Walk to Flamingo Park, the Beach, Lincoln Road, shops, restaurants. Publix, Total Wine and Whole Foods 2 small blocks away.
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Listing Contacts

BJ
3107774
Real Estate Sales Force
Listed by Real Estate Sales Force

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$118,084.00
$9,840.33/mo

Valuation Metrics

0
DSCR
4.02%
Cap Rate
4.02%
ROI

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