Miami Beach, FL 33139 — MLS photo

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Miami Beach, FL 33139

Active · MultiFamily

$6,400,000

Miami Beach, FL 33139

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1925
Lot size
8,000 sq ft
HOA fee
—
Annual tax
$33,196

About this property

Property Features • Income producing property • Modern appliances and buildout • Diverse unit mix • Charming art deco architecture • Opportunity to increase rents • Secure access • Private courtyard Location Features • Prime South Beach location • High walking score • Great proximity to public transportation • Historic district appeal • Strong rental demand

Property location

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Miami Beach, FL 33139

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1925
Lot size
8,000 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$33,196
County
Miami-Dade
Days on market
103
MLS listing ID
A11816528
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,159

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.5%
Gross yield
6.6%
Mortgage payment
$30,339/mo
Down payment
$1,600,000
Loan amount
$4,800,000
Annual NOI
$302,164

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.