845 Michigan Ave, Miami Beach, FL 33139

$2,999,999

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List Price
$2,999,999
Price Change
▼ $400,001 1767666314
MLS#
A11896191
Status
ACTIVE
Type
Commercial

Property Description

Don't pass this opportunity to purchase this fully occupied 12-Unit Art Deco Building in Prime South Beach Location! Perfectly situated in one of the hottest areas of South Beach. The property features a gated entrance & a charming front courtyard that captures the essence of Miami Beach living. The complex has 3 separate entrances. Each building has 4 apartments: Building 845: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Building 847: (4) Large Studios (500 sq ft each unit), Building 849: (2) One-Bedroom/One-Bath Units (600 sq ft each unit) + (2) Large Studios (500 sq ft each unit), Community Laundry on the 1st Floor & Street parking residential only. This property offers incredible potential to hold as a strong income-producing investment. Located within walking distance to the beach & in proximity to shopping, dining, & entertainment.

Additional Information

Days on Market
332
Tax Amount
$39,396
Water Access
Building & Land, Leases, Leases
Parcel Number
02-42-03-009-6670
Lot Size
7,000
Directions
FROM 395 GO EAST TO ALTON RD, MAKE A LEFT, GO UP TO 8TH ST. MAKE RIGHT AND GO STRAIGHT TILL YOU COME TO MICHIGAN AVE. MAKE LEFT. PROPERTY IS ON THE EAST SIDE
Address
845 Michigan Ave, Miami Beach
Year Built
1947
Section
3

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Calculator source: Real Geeks

Listing Courtesy of One Stop Realty, Contact: