MLS#: A11538221

$12,990,000 USD

Listed By One Sotheby's International Re

The Commercial Property for Sale located at Miami Beach, Florida is currently for sale. Miami Beach, Florida is listed for $12,990,000. If the property located at Miami Beach, Florida isn't what you're looking for, visit https://www.miamimasterpiece.com to see other Commercial Properties for Sale in Miami Beach .

Date Updated : Jan 24, 2025

The details

Property features

Construction details

  • Year built: 1954

Other features

  • Cooling system: Wall or Window Units

Description

SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

Location

Miami Beach, Florida
Courtesy of Susan Gale One Sotheby's International Re