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1240 11th Street, Miami Beach, FL

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1240 11th Street

Miami Beach, FL 33139 - West Avenue MF Submarket

Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:1953
Stories:2 Building Size:12,538 SF Land Area:.22 AC (9,749 SF)
For Sale Price:$5,600,000 Price/Unit:$466,666.67 Cap Rate:- GRM:-


Sale Notes:
12-Unit Apartment Building off West Avenue and 11th Street (same block as Whole Foods on Alton Road). 100% Occupied. Buyer has the opportunity to renovate and reposition property. Four blocks away from the new Baptist Medical Facility and one block from the ocean. Near South Beach' s most iconic luxury resorts and attractions. Zoned RM-2.
On Alton Road turn west on 11 st, building will be on the left hand side, before West Avenue.

Trajan Investments, Inc.
Ariel Diaz
(305) 431-2828

Claudia Splinter
(786) 449-0605

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