845 Michigan Ave, Miami Beach, FL 33139

$2,999,999

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List Price
$2,999,999
Price Change
▼ $400,001 1767666314
MLS#
A11896191
Lot Size
7,000
Subtype
Income/MultiFamily
County
Miami-Dade
Community
Not Found
Year Built
1947

Property Description

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living. The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
12
Boat Service
Building & Land, Leases, Leases
Construction
CBS Construction, Insulated
Cooling
Wall/Window Unit(s)
Flooring
Ceramic Floor
Heating
None
Lot Description
Beach Access, City Location
Parking
On Street
Roof
Composition Roll
Security
Security Lights
Taxes
$39,396
Total Floors
2
Stories
2
Roofing
Composition Roll
Boat Services
Building & Land, Leases, Leases

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing Courtesy Of One Stop Realty, Contact: