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960 Biarritz Drive - Biarritz Apartments, Miami Beach, FL

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960 Biarritz Drive - Biarritz Apartments

Miami Beach, FL 33141-5665 - Miami Beach Submarket

(913.3 KB)

Property Type:Multi-Family Number of Units:14 Status:Existing Year Built:1977
Stories:2 Building Size:6,250 SF Land Area:.29 AC (12,502 SF)
For Sale Price:For Sale Price/Unit:- Cap Rate:- GRM:-

Portfolio:This property is for sale (for $1,400,000) as part of a portfolio of 2 properties.
Parking:-


* CAP 7.6% for the Building
* Internal Rate of Return 9.7% (without the construction in the Land)
* Price $ 1,000,000 for the Building - 14 units
* Price $ 290,000 for the Lot - Parking space
* Asking Price - Total $ 1,290,000 - Must to buy together
* Mortgage to assume $ 500,000 - 6.35%
* Owner Financing
* Lot to build a Multifamily Building


Fortune International Realty Brickell, Inc.
Fabio F Faerman
(305) 400-6395




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