$1,400,000
$1,599,999
12.5%For more information regarding the value of a property, please contact us for a free consultation.
6,395 SqFt
SOLD DATE : 07/10/2020
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,395 sqft
Price per Sqft $218
Subdivision Lincoln Sub
MLS Listing ID F10224327
Sold Date 07/10/20
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 6720
Year Built 1947
Annual Tax Amount $31,189
Tax Year 2019
Property Description
WOW Great Renovated 8 Plex in South Beach located 1.5 blocks from Lincoln Rd and a walking distance to Ocean Drive and Beautiful South Beach Nightlife, shopping and Beaches. Currently used as apartment rentals, may want to consider converting to condos, Air B and B or other uses. The site was zoned RM-1, by the City of Miami Beach. The unit mix was four-one bedroom/one bathroom units, two-two bedroom/one bathroom units and two-two bedroom/two bathroom units. Currently at below appraised and assessed value, property was appraised by an independent certified appraiser in February 2020 @ $1.7 Million. 40 year certification done in February of 2018. WOW $246 per sq ft.
Location
State FL
County Miami-dade County
Zoning 3900
Interior
Heating Other
Cooling Ceiling Fans, Electric Cooling, Wall/Window Unit Cooling
Flooring Ceramic Floor, Laminate
Exterior
Exterior Feature Exterior Lights, Fence, Storm/Security Shutters
Waterfront No
Water Access N
Roof Type Concrete Roof,Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction, Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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