1568 Drexel Ave - Apartments FOR SALE


Miami Beach, FL 33139- Flamingo
$2,400,000 USD
305-987-4401
1568 Drexel Ave, Miami Beach, FL for Sale
$2,400,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1568 Drexel Ave
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • High walking score
  • Charming art deco architecture
  • Great proximity to public transportation

OVERVIEW

• Income-producing property • Charming art deco architecture • Includes land for additional units • Opportunity to increase rents • Secure access • Private courtyard • Prime South Beach location • High walking score • Great proximity to public transportation • Historic district appeal • Strong rental demand

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

8

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RM-1

APN/PARCEL ID

02-3234-002-0760

ASK ABOUT THIS PROPERTY

Craig MerlinNAI MiamiMore Info
305-987-4401

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Craig MerlinNAI MiamiMore Info
305-987-4401

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