Commercial property in North Miami Beach, Florida № 1811569
19

ID1811569
$ 1 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
PRICE REDUCTION NOW OFFER AT $999,000 FOR 4 APARTMENTS OF 2BED/2BATH- EXCELLENT LOCATION Rare opportunity to purchase four (4) large 2BR/2BA condo units together in a well-maintained boutique building with only 12 units total. All units feature spacious layouts, abundant natural light, and strong value-add potential. No rental restrictions and low HOA fees allow for immediate income and strong rent-growth upside through renovations and market adjustments. Ideal for investors seeking stable cash flow with long-term appreciation. Prime location minutes from beaches, Aventura Mall, major highways, shopping, and dining. Seller prefers to sell all four units as a package, not individually. Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and each tenant pay his own electricity The units included in the sale are: Apt. #5 – 750 SF Apt. #9 – 1,025 SF Apt. #11 – 750 SF Apt. #12 – 785 SF All Four Apartments are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.
Expenses Details:
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only
MLS #: A11648497
Contact the seller
CityNorth Miami Beach
Address2072 NE 169th St # 12, North Miami Beach FL 33162
TypeCommercial property
Completion dateIV quarter, 1963
Price
- Price
- per m²
$ 1 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
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