Condo For Investment, Sale

Flamingo terr addn

Multifamily art-deco gem built by master architect l. Murray dixon, designer of miami beach's most iconic buildings including, the raleigh, tides and victor hotels. Located in one of miami beach's most desirable neighborhoods, this architectural beauty is a piece of miami beach history and incredible investment. 12 units comprised of 6 studios, 4 1 bedroom units and 2 1 bed/ 2 bath units. Fully occupied with long term tenants. The building was completely renovated in 2009 and features impact glass, in-unit washer/dryers and a zen-like courtyard. Incredible location walking distance to the beach, lincoln road, the fillmore, miami beach convention center, schools and restaurants. Extremely attractively cap rate above 5%. Rents have recently been increased. Financials attached..

is located at FLAMINGO-TERR-ADDN

Ref : 349736411 / A10916850

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Details:
Cooling Description:
Central Air,Electric
Heating Description:
Central,Electric
Building Sq Ft:
8301
contact the agent @ Flamingo terr addn
BlueBay Brokers

Carolina Pena

Address
Postal Code:
33140
State Or Province:
FL
Street Name:
Flamingo Pl
Street Number:
2425
City:
Miami Beach
County Or Parish:
Miami-Dade County
Postal Code Plus 4:
4370
Cost
Current Price:
3500000
Tax Amount:
30304
Legal
Matrix Unique ID:
349736411
MLS Number:
A10916850
Parcel Number:
02-32-27-011-0090
Num Units:
12
Subdivision Complex Bldg:
Flamingo Terr Addn
Subdivision Name:
FLAMINGO TERR ADDN
Other
Photo Count:
40
Photo Modification Timestamp:
2020-09-02 15:16:25
Lot Sq Footage:
8301
Roof:
Concrete