$4,100,000

Price reduced

1000 7th Street, Miami Beach FL 33139

7,868 sq ftBuilt 1951MLS# A11975535

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About this property

Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants.

Features

  • Waterfront
  • Water view

Property details

Property type
Multi-family
Year built
1951
Living area
7,868 sq ft
Price per sq ft
$521
Property taxes
$52,096/yr
Parking
4 spaces
Building / community
OCEAN BEACH ADDN NO 3,Orange Blossom Place
Status
Price reduced
MLS #
A11975535

Listing courtesy of Keller Williams Capital Realty.

Location

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