531 16th St - Apartments FOR SALE
Miami Beach, FL 33139 |
531 16th St
Miami Beach, FL 33139
HIGHLIGHTS
- 531 16th Street presents an income-generating, 14-unit apartment building.
- Nestled in the City Center neighborhood of Miami Beach, FL, between the Biscayne Bay and the Atlantic Ocean.
- The building has a favorable land-lease expiring in 21 years with low fixed annual lease payments for the entirety with no escalations.
- Surrounding by prime Miami Beach shopping, dining, nightlife, art, and more.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9824
STORIES
2
YEAR BUILT
1947
PARKING SPACES
1
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
02-3234-002-0680
