Miami Beach, FL 33141,705 83rd St
Miami Beach, FL 33141,705 83rd St
Miami Beach, FL 33141,705 83rd St
16
$1,200,000
$1,170,000
2.6%
Est.Price: ?

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3,407 SqFt

705 83rd St Miami Beach, FL 33141

Est. payment /mo
SOLD DATE : 03/29/2022

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,407 sqft

Price per Sqft $352

Subdivision Biscayne Beach Sub

MLS Listing ID A11159453

Sold Date 03/29/22

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1949

Annual Tax Amount $10,944

Tax Year 2021

Contingent No Contingencies

Property Description

SOUGHT AFTER LOCATION BLOCKS AWAY FROM THE BEACH. This multi-family is the perfect investment to capitalize on the booming tourism sector & economic improvement in this neighborhood. Potential buyers will have the chance to continue operating the building as apartment rentals with room to increase rent up to $8,000/m with light touch interior TLC. Turn-key investment opportunity to own a cash-flowing property in Miami Beach. This 1-story consists of 5 units featuring a mix of four 1-bed/1-bath and one 2-beds/1-bath. 2 out of the 5 units are remodeled with new floors, kitchen, W/D inside the units. The roof has been completely changed with clay tiles, 40-year certificate and CU up to date, fresh exterior paint, new landscaping, and much more!. Pro forma rental can be provided upon request.

Location

State FL

County Miami-dade County

Community Biscayne Beach Sub

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Concrete, Other, Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 02-32-02-008-1690

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Global Luxury Realty LLC
Bought with Coldwell Banker Realty

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Herman Singh

Broker

+1(310) 625-6175

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