1135 8th St - Apartments FOR SALE


Miami Beach, FL 33139- Flamingo
$2,800,000 USD
786-443-3105
1135 8th St, Miami Beach, FL for Sale
$2,800,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

1135 8th St
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • Located in heart of South Beach
  • Property is in good condition
  • Excellent Value-Add Potential

OVERVIEW

- 12 units all 1/bd/1ba - Units average 600 SF - Rents upwards of $2,250 in place - Impact windows - Property has 5 parking spaces (1 ADA) - Property and units in good condition - Available individually or part of a larger portfolio - 1.6% cobroker available

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

12

PRICE/UNIT

$233,333

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,850 SF

ZONING

CD-2, Miami Beach

APN/PARCEL ID

02-4203-014-0400

ASK ABOUT THIS PROPERTY

Calum WeaverCBREMore Info
786-443-3105

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Calum WeaverCBREMore Info
786-443-3105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.