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Business opportunity for sale in Miami Beach

USD 5,000,000

Business opportunity (For sale)

Reference: EDEN-T102070270 / 102070270
Opportunity to own a profitable rental income property -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, top-of-the-line appliances, and hurricane-proof windows. Combo washer dryer and individual AC in each unit-a mix of layouts from 450 to 895 sq. ft. Located a few blocks from Flamingo Park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.
Features:
- Air Conditioning
View more View less Opportunity to own a profitable rental income property -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, top-of-the-line appliances, and hurricane-proof windows. Combo washer dryer and individual AC in each unit-a mix of layouts from 450 to 895 sq. ft. Located a few blocks from Flamingo Park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.
Features:
- Air Conditioning
Reference: EDEN-T102070270
Country: US
City: Miami Beach
Postal code: 33139
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Air-conditioning: Yes

SALE PRICE PER SQFT IN MIAMI BEACH

Average sale price per sqft
Oct 2023
3 months
1 year
House
-
-
-
Apartment
USD 1,672
-
+1.7%

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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