Motivated Seller. The Thomas Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Aqua Marina Apartments, a two-building, 20-unit apartment complex next to North Shore Park and the Miami Beach Tennis Center in (North Beach) Miami Beach, Florida. Aqua Marina Apartments is a 20-unit apartment complex with built in 1955 and consisting of 14,399 square-feet on a 15,000 square-foot lot (according to the Miami Dade Property Appraiser). The property is comprised of (4) one-bedroom | one-bath loft apartments with an average in-place rent of $2,000 and (16) one-bedroom | one-bathroom apartments with dens with an average in-place rent of $2,173. 15 apartments have been renovated and current ownership invested approximately $350,000 in total improvements. These upgrades include luxury vinyl flooring, quartz countertops, high gloss finished cabinets, new bathrooms with modern vanities, large mirrors, and upgraded showers. Five apartments (#2, 4, 6, 18, and 20) were upgraded more thoroughly and feature dishwashers and in-unit washer and dryers. The buildings were re-roofed in August 2016 and are under a 10-year transferable warranty. Additionally, the 40/50-year recertifications were completed in July 2021.