Bought with Douglas Elliman
$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,565 SqFt
SOLD DATE : 03/20/2020
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,565 sqft
Price per Sqft $467
Subdivision Ocean Beach Addn No 3
MLS Listing ID RX-10547738
Sold Date 03/20/20
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1938
Annual Tax Amount $26,154
Tax Year 2018
Lot Size 7,500 Sqft
Property Description
Ideal 1031 Exchange or Developer Deal - 2-Story Multi-family 4-unit apartment building with excess development rights on 7,500 SF of Miami Beach land. Easy access from back alley/street for potential addition of up to three stories for development of additional rental units. Zoning review provided by Studio X architects available upon request. At 6th & Lenox. Walking distance to Shoppes at Alton including Publix, Orange Theory, TJ Max, Best Buy, The Vitamin Shoppe, Target as well as Walgreens. Close to Banks and the many of the offerings of the South of Fifth Street (''SOFI'') neighborhood. Needs cosmetic TLC. Interior photos upon request. Priced based upon Redevelopment Potential and not in-place income.
Location
State FL
County Miami-dade
Area 2420
Zoning 3900
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Other
Exterior
Exterior Feature Fruit Tree(s)
Utilities Available Cable, Electric, Gas Natural, Public Sewer
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation CBS
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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