Apartment Buildings /FL /Miami/Dade County /Miami Beach /1560 Drexel Ave
Apartment Buildings /FL /Miami/Dade County /Miami Beach /1560 Drexel Ave

1560 Drexel Ave - Apartments FOR SALE


Miami Beach, FL 33139- Flamingo | 
$6,975,000 USD
305-987-4401
1560 Drexel Ave, Miami Beach, FL for Sale
$6,975,000 USD
Apartments - FOR SALE
1/8
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1560 Drexel Ave
Miami Beach, FL 33139
Flamingo

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HIGHLIGHTS

  • Great proximity to public transportation
  • Strong rental demand
  • Historic district appeal

OVERVIEW

• Income-producing property • Modern appliances and buildout • Diverse unit mix • Charming art deco architecture • Opportunity to increase rents • Secure access • Private courtyard

FOR SALE DETAILS

PRICE

$6,975,000 USD

PRICE/SF

$478 USD /SF

# OF UNITS

16

PRICE/UNIT

$435,938

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Beach Luxury Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,000 SF

ZONING

RM-1, Miami Beach

APN/PARCEL ID

02-3234-002-0750

ASK ABOUT THIS PROPERTY

Craig MerlinNAI MiamiMore Info
305-987-4401

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Craig MerlinNAI MiamiMore Info
305-987-4401

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