Overview

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  • Status: Closed
  • Parking No info
  • Size: 4,726 ft2/439.06 m2
  • Price Per: $571.31 ft2/$6,149.51 m2
  • Type: Multifamily
  • Built: 1930
  • HOA: No info
  • MLS Number: A11288998
  • View No info
  • On Site: 528 days
  • Updated: 353 Days Ago
  • Page Views: 5

$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity to own an Old World Mediterranean Masterpiece. They don't build them like this anymore! Mid-Century European meets Art Deco in this completely gated & restored 4 units, 2 buildings, a large (7000 SFT) lot, the most beautiful tree lined street! Renovations include new AC, modern kitchens & baths, hardwood floors and impact windows. EVERYTHING is done, you won't need to spend a dime for a long time. 40 year done in 2020. All tenants on annual leases generating a 6%+ CAP RATE. New rents in the area justify a 6% increase which pushes that over 7%. 6 blocks from Lincoln, Ocean & S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER MUST SIGN PERSONAL GUARANTY FOR FINANCING..

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Development Amenities

Development Amenities:

  • Elevators
  • Fitness Center
  • Laundry

Price History

DateEventPriceChange RatePrice Per
04/07/2023Sold$2,700,000.00$571.31 ft2/$6,149.51 m2
04/04/2023Price Reduced$2,700,000.0010.0%$571.31 ft2/$6,149.51 m2
10/17/2022Listed$3,000,000.00$634.79 ft2/$6,832.79 m2

Features

Property Details for 935 Meridian Ave, Miami Beach, FL 33139

Ocean Beach, Multifamily current status is Closed, 935 Meridian Ave is a Multifamily in , Miami Beach, FL 33139 with property MLS ID# A11288998. This Multifamily has been listed on Best of Luxury Realty since October 17, 2022 and is currently priced at 2,700,000. This property was built in 1930.

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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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