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954-557-5993
Real Estate Company
1000 7th St, Miami Beach, FL 33139
- $4,100,000
- List Price
- $4,100,000
- Price Change
- ▼ $185,000 1790891560
- MLS#
- A11975610
- Lot Size
- 7,500
- Subtype
- Income/MultiFamily
- County
- Miami-Dade
- Community
- Not Found
- Year Built
- 1951
Property Description
SELLER IS LOSING MONEY & MOTIVATED. 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. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 10
- Boat Service
- Building & Land, Fixtures, Machinery
- Construction
- Concrete Block Construction
- Cooling
- Central Individual A/C
- Heating
- Central Electric
- Parking
- Assigned, Common, On Street
- Security
- Security Lights
- Taxes
- $52,096
- Total Floors
- 2
- Stories
- 2
- Boat Services
- Building & Land, Fixtures, Machinery
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Listing Courtesy of Keller Williams Capital Realty, Contact: