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1000 7th Street, Miami Beach, FL 33139

$4,100,000
: 7,868
SqFt

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List Price: $4,100,000
Price Change: ▼ $185,000 1790891560
MLS#: A11975535
Sq. Ft: 7,868
Subtype: Quadruplex
County: Miami-Dade
Community: Ocean Beach Addn No 3
Subdivision: Ocean Beach Addn No 3
Year Built: 1951

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Property Description

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.

954-557-5993

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Additional Information

Status Label: ACTIVE
Total Unitsin Complex: 2
Construction: CBS Construction
Cooling: Central Air
Flooring: Marble, Tile
Heating: Central
Lot Description: Less Than 1/4 Acre Lot
Roof: Flat Roof With Facade Front
Special Information: Substantially Remodeled
Taxes: $52,096
Total Floors: 2
Waterfront: Yes
Stories: 2
Roofing: Flat Roof With Facade Front
Price Per Sqft: $521