1240 11th St

Miami Beach, FL 33139
  • $5,600,000
  • STATUS: Active
  • ON SITE: 246 days
  • MLS #: A10166067
UPDATED: 39 min ago
$5,600,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

14-Unit siting on a 9,750 SF corner lot with 6 parking spaces. 100% occupied. Buyer has the opportunity to renovate and reposition property. Zoned RM-2, permitting an opportunity to redevelop into a luxury apartment building or condo/hotel. Two-2 bed rooms and 2 baths, Eight-1 bedroom and 1 bathroom and Four studios. Rents in the area keep going up, an excellent opportunity to capitalize on a rare chance to acquire an asset located in Miami???s booming South Beach. 40 year re-certification completed.



Copyright 2017, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2017, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2017-06-23T15:50:03.7.
www.bettersouthfloridahomes.com/homes/67420240

1240 11th St Miami Beach, FL 33139

  • Price: $5,600,000
  • Status: Active
  • Updated: 39 min ago
  • MLS #: A10166067
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1953
Built
Neighborhood:
Outside Fl Keys
County:
Miami-Dade
Area:
Outside Fl Keys
Property Description
14-Unit siting on a 9,750 SF corner lot with 6 parking spaces. 100% occupied. Buyer has the opportunity to renovate and reposition property. Zoned RM-2, permitting an opportunity to redevelop into a luxury apartment building or condo/hotel. Two-2 bed rooms and 2 baths, Eight-1 bedroom and 1 bathroom and Four studios. Rents in the area keep going up, an excellent opportunity to capitalize on a rare chance to acquire an asset located in Miami???s booming South Beach. 40 year re-certification completed.
Exterior Features

Approximate Lot Size 9750 Construction Type Concrete Block Construction Improvement Height 2 Stories Parking Description Common Parking Parking Spaces 6 Roof Description Other RoofVarious Material(S) Roof Waterfront Property YN No

Interior Features

Cooling Description Wall/Window Units Floor Description Wood Floors

Property Features

Board Identifier Miami Board Of Realtors Buildings 1 Electric Service 0-100 Amps Environmental Audit None Gross Scheduled Income 212400 Inc Exp Statement Period 12 Month Information Available Aerial Photo(S)PhotosRent Rolls Meters 14 Parcel Number 0260 Prop Type Typeof Building ApartmentsResidential-Multi-Family REO No Short Sale No Style Of Property Income Non-Waterfront Tax Amount 32690 Tax Year 2015 Type Of Property Income Unit1 Num Units 14 Water Description Public Water Zoning Information Rm-2

Listing courtesy of Trajan Investments, Inc..


Copyright 2017, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2017, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2017-06-23T15:50:03.7.
United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323