For sale
Photo 1 of 52$4,100,000
Price reduced1000 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
