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1198 E Marseille Dr, Miami Beach, Florida 33141
17
MLS# A10170775
Development: Norma
Subdivision: Isle Normandy Ocean Side
1198 E Marseille Dr,
Miami Beach, Florida 33141
SOLD FOR $1,250,000
Sq.Ft: 3,683 PSF: $339.40 Type: Multifamily

Norma: Secure Investment.Excellent and completed remodeled 4 big units, this building features new roof, impact windows, fresh paint, all unit have laundry inside, new landscaping w/ street parking on Marseille Dr, producing a big income.40 years inspections completed. This gated community provides a resort-style elegance.Please do not disturb the tenants. Contact the listing broker for all questions and showings. This is an excellent income-generating 4plex. 0% vacancies. Located only blocks away from the beach.

28.6% DECREASE
(-$500,000)
DAYS ON MARKET: 878 CLOSING DATE:
04/05/2018
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916 W 42nd St, Miami Beach, Florida 33140
15
MLS# A10372226

Subdivision: 41 St Business Sub
916 W 42nd St,
Miami Beach, Florida 33140
SOLD FOR $2,000,000
Sq.Ft: 5,278 PSF: $378.93 Type: Multifamily

Incredible updated 10 unit building in prime Miami Beach location. 8 studios and 2 1 bed/ 1 bathroom. New: roof, impact windows and doors, railing, electric, PTAC AC's, sewer line, stucco and paint, landscaping, pavers, walkways and lighting. All units have been completely renovated with Italian porcelain tile, gloss white kitchens, quartz counters and stainless appliances, custom closets. This is a beautiful gated property. 100% occupied. See attached financial information and list of improvements. Please do not disturb tenants.

42.9% DECREASE
(-$1,500,000)
DAYS ON MARKET: 497 CLOSING DATE:
04/05/2018
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8430 Byron Ave, Miami Beach, Florida 33141
4
MLS# F10093867
Development: Beach Bay
Subdivision: Beach Bay Sub
8430 Byron Ave,
Miami Beach, Florida 33141
SOLD FOR $995,000 $1,200,000
Sq.Ft: 4,479 PSF: $267.92 Type: Multifamily

Beach Bay: On the Waterway,2 Blocks from the Ocean! 5 unit fully rented investment property in up and coming area of North Beach!Interiors have been upgraded. Great opportunity for small investor. Owner could live in the 2/2 unit with huge deck overlooking the waterway while enjoying an income! Please see attached income and expense supplement.

7.7% DECREASE
(-$100,000)
DAYS ON MARKET: 497 CLOSING DATE:
04/30/2018
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820 83rd St, Miami Beach, Florida 33141
22
MLS# A10380345
Development: 820 3r Street Condo
Subdivision: Biscayne Bch Sub
820 83rd St,
Miami Beach, Florida 33141
SOLD FOR $800,000
Sq.Ft: 3,984 PSF: $200.80 Type: Multifamily

820 3r Street Condo: Great investment opportunity. 4 units. 2 bedrooms and 1 bathroom each. fully rented. Rent potential is higher than current rent prices. Laundry facility.

27.3% DECREASE
(-$300,000)
DAYS ON MARKET: 480 CLOSING DATE:
12/17/2018
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940-942 Michigan Ave, Miami Beach, Florida 33139
13
MLS# A10243178

Subdivision: Lenox Manor Resub
940-942 Michigan Ave,
Miami Beach, Florida 33139
SOLD FOR $1,900,000
Sq.Ft: 7,970 PSF: $238.39 Type: Multifamily

SPACIOUS 8 UNIT BLDG. 7,970 SQ FT LIVING SPACE. FOUR 2 BD/2 BATH, & FOUR 1 BD/1 BATH APTS. A/C UNITS, REFRIGERATOR, STOVE & ELECTRIC METER IN EACH. FREE STANDING LAUNDRY ROOM WITH ELECTRICAL & PLUMBING CONNECTIONS. ROOF IS EIGHT YEARS OLD. LOT IS 8,550 SQ FT. LOCATED IN DESIRABLE SOBE! APPROX ANNUAL INCOME-$125K; APPROX YEARLY EXPENSES: GAS-$1620, WATER-$9,500, ELECTRICITY-$480, GARBAGE-$3230, LICENSES-$220, INSURANCE-$3200; TAXES PAID IN NOV 2017 $31,850; FLOORS DOWNSTAIRS - TILE OR GRANITE. FLOORS UPSTAIRS - WOOD.

13.6% DECREASE
(-$300,000)
DAYS ON MARKET: 738 CLOSING DATE:
01/10/2019
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8201 Harding Ave, Miami Beach, Florida 33141
10
MLS# A10413056

Subdivision: Haynsworth Beach Sub
8201 Harding Ave,
Miami Beach, Florida 33141
SOLD FOR $1,240,000
Sq.Ft: 2,900 PSF: $427.59 Type: Multifamily

LOCALIZATION, LOCATION,DRASTICALLY REDUCED DO NOT MISS THIS OPPORTUNITY IS NOT A FOURPLEX IS A BUILDING OF 6, UNITS, WITH 6 LARGE STUDIOS WITH BEDROOM, BATHROOM AND KITCHEN, INDEPENDENT, ONE BLOCK FROM THE BEACH, INVESTORS CAN NOT LOSE THIS OPPORTUNITY, A BUILDING IS IN CONSTRUCTION SIDE THAT EACH APARTMENT HAS A VALUE IN THE MARKET OF $ 653,000 TO $ 700,000 DOLLARS, THE INCOME CAN BE INCREASED, IT HAS A WASHER AND DRYER, LIVE YOUR DREAM OF HAVING A BUILDING IN A CUTE AND EXCLUSIVE AREA OF MIAMI BEACH TO BLOCKS OF MILLIONAIRES BUILDINGS AND MANSIONS AND WHERE YOU CAN BUILD A NEW APARTMENTS BUILDING FROM 12 TO 16 UNITS

6.1% DECREASE
(-$80,000)
DAYS ON MARKET: 411 CLOSING DATE:
05/10/2018
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857 81 ST, Miami Beach, Florida 33141
5
MLS# A10414397
Development: Biscayne Beach
Subdivision: Biscayne Beach Sub
857 81 ST,
Miami Beach, Florida 33141
SOLD FOR $749,000
Sq.Ft: 6,562 PSF: $114.14 Type: Multifamily

Biscayne Beach: upgraded building, has 40 yr certification up to date. centrally located, spacious units.

0 DAYS ON MARKET: 412 CLOSING DATE:
04/16/2018
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971 79th Ter, Miami Beach, Florida 33141
3
MLS# A10406781

Subdivision: Biscayne Bch Sub
971 79th Ter,
Miami Beach, Florida 33141
SOLD FOR $450,000
Sq.Ft: 1,750 PSF: $257.14 Type: Multifamily

Duplex with two 2-bedroom 1-bathroom units. Each unit with extra bonus room that can be den or third bedroom. Walking distance to the beach in excellent North Beach area. Quiet residential neighborhood near luxury waterfront homes but close to shopping and restaurants. Wood floors, lots of windows. Driveway parking in front of property.

18.0% DECREASE
(-$99,000)
DAYS ON MARKET: 425 CLOSING DATE:
07/11/2018
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6955 Rue Vendome, Miami Beach, Florida 33141
13
MLS# A10441600
Development: Ocean Side Isle
Subdivision: Ocean Side Sec Isle Of Nor
6955 Rue Vendome,
Miami Beach, Florida 33141
SOLD FOR $1,025,000
Sq.Ft: 7,131 PSF: $143.74 Type: Multifamily

Ocean Side Isle: Great investment opportunity in the heart of booming North Beach! This 6 unit garden-style, multi-family building is situated at the footsteps of what is to become the new North Beach Towncenter, which will see an influx of capital investment following the recent change in the zoning laws allowing high density commercial and residential development. This property is ideal for an investor looking to buy & hold a turn-key, cash flowing property in a hot rental neighborhood with huge upside potential. Includes 5 parking spaces for extra income & rentability. Units are in perfect condition with central A/C, renovated kitchens and baths, new flooring, new roof, fresh exterior paint new lighting, and more. The 40 year certification was passed. Buy now and ride the wave of growth in North Beach!

8.9% DECREASE
(-$100,000)
DAYS ON MARKET: 364 CLOSING DATE:
09/05/2018
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7130 Rue Versailles, Miami Beach, Florida 33141
16
MLS# A10436634
Development: Norma
Subdivision: Normandy Isles
7130 Rue Versailles,
Miami Beach, Florida 33141
SOLD FOR $1,675,000
Sq.Ft: 5,913 PSF: $283.27 Type: Multifamily

Norma: This two story 11 unit renovated apartment building is situated on Normandy Isle in Miami Beach and is a great investment opportunity! Built in 1940, the 6,052 square foot building consists of 7 studios, 3 one-bedroom units and 1 two-bedroom unit which average 550 square feet. The building is currently 100% occupied. All units feature granite counter tops, wood cabinets, tile flooring as well as individual washer and dryers. The one-bedroom and two-bedroom units feature central air whereas the studio units feature ductless mini-split air conditioners. Central location which is accessible to shopping, restaurants and the beach.

6.9% DECREASE
(-$125,000)
DAYS ON MARKET: 357 CLOSING DATE:
08/14/2018
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7821 Byron Ave, Miami Beach, Florida 33141
19
MLS# A10392847
Development: Altos Del Mar
Subdivision: Altos Del Mar No 3
7821 Byron Ave,
Miami Beach, Florida 33141
SOLD FOR $756,000
Sq.Ft: 3,011 PSF: $251.08 Type: Multifamily

Altos Del Mar: PERFECT INVESTMENT PROPERTY, INCOME-GENERATING 4PLEX, LOCATED IN AN AREA OF NORTH MIAMI BEACH UNDERGOING MASSIVE UPWARD TRANSITION ACCELERATED BY MUNICIPAL INVESTMENT IN NEW SIDEWALKS LANDSCAPING, ONLY 3 BLOCKS FROM BEACH THIS BUILDING CONSIS OF TWO-2/2’S AND TWO-1/1’S, AND 1 PARKING SPACE, UNITS: KITCHENS, APPLIANCES, BATHROOMS AND FLOORING HAVE BEEN UPDATED, THE PROPERTY ALSO COMPLETED IT'S 40-YEAR RE-CERTIFICATION IN 2014 THAT INCLUDED UPGRADING OF ELECTRICAL AND PLUMBING.

4.3% DECREASE
(-$34,000)
DAYS ON MARKET: 445 CLOSING DATE:
03/27/2018
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1056 Euclid Ave, Miami Beach, Florida 33139
24
MLS# A10464479

Subdivision: Eastview Condo
1056 Euclid Ave,
Miami Beach, Florida 33139
SOLD FOR $1,200,000
Sq.Ft: 3,300 PSF: $363.64 Type: Multifamily

Corner building for sale in the heart of South Beach with beautiful outdoor patio, security camera, balconies,fence. Featuring original wood and marble floors . 4 units all 2 bedrooms 100% rented.

25.0% DECREASE
(-$400,000)
DAYS ON MARKET: 323 CLOSING DATE:
12/01/2018
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7345 Dickens Ave, Miami Beach, Florida 33141
2
MLS# A10471729

Subdivision: Harding Townsite
7345 Dickens Ave,
Miami Beach, Florida 33141
SOLD FOR $840,000
Sq.Ft: 3,750 PSF: $224.00 Type: Multifamily

Priced to Sell! Rare offering under $1M in ideal location on prestige block in North Beach. Amazing amenities at Parkview Island Park across Dickens to the West including Community Garden, ADA accessible kayak launch and open green space great for dog walks. Extra street parking that are a premium for area. One block to the South is North Shore Park and Community Center with tennis, basketball, baseball, gym and other activities for all ages. Four blocks to the East is the beach with variety of eateries, cafes and Walgreens/CVS as well as bandshell with outdoor music concerts. Large well maintained and updated units. Long time tenants with below market rents (room to increase). Invest now in special section of beach and benefit from major capital improvements planned for area.

5.7% DECREASE
(-$50,888)
DAYS ON MARKET: 312 CLOSING DATE:
08/16/2018
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320 80 St #4-4A, Miami Beach, Florida 33141
17
MLS# A10493631
Development: Abbott
Subdivision: The Lofts At Abbott Condo
320 80 St #4-4A,
Miami Beach, Florida 33141
SOLD FOR $230,000
Sq.Ft: 818 PSF: $281.17 Type: Multifamily

Abbott: This is a rare opportunity to purchase a fully leased income producing duplex in Miami Beach,The one bedroom & efficiency unit are under one folio and collectively produce $26,100 gross rent, net 19,000, 8% cap, rents under market, Each of the two units have a separate electric meter and entrance from lobby, Great location, steps to beach, shops, and restaurants.

4.1% DECREASE
(-$9,900)
DAYS ON MARKET: 271 CLOSING DATE:
10/03/2018
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1770 NORMANDY DRIVE, Miami Beach, Florida 33141
24
MLS# A10510697
Development: Isle of Normandy
Subdivision: Isle Of Normandy Miami Vie
1770 NORMANDY DRIVE,
Miami Beach, Florida 33141
SOLD FOR $690,000
Sq.Ft: 751 PSF: $918.77 Type: Multifamily

Isle of Normandy: GREAT INVESTMENT OPPORTUNITY!!! THIS 4 APARTMENT BUILDING LOCATED IN NORMANDY FULLY LEASED WITH GREAT TENANTS, JUST PAINTED, NEW RAILINGS INSTALLED AND IN GREAT SHAPE!!! BRING YOUR INVESTORS!! CAP RATE 5.39%!!!

4.2% DECREASE
(-$30,000)
DAYS ON MARKET: 242 CLOSING DATE:
10/12/2018
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611 74th St, Miami Beach, Florida 33141
14
MLS# A10556973

Subdivision: Harding Townsite
611 74th St,
Miami Beach, Florida 33141
SOLD FOR $801,000
Type: Multifamily

Beautifully maintained 4 unit multifamily building located on a corner lot in the North Beach section of Miami Beach. Building is fully occupied with long term tenants. Owner is in the process of making several aesthetic upgrades to the building and increasing rents towards current market prices. Great opportunity to own an income producing property in one of the best valued locations in South Florida.

5.7% DECREASE
(-$48,000)
DAYS ON MARKET: 147 CLOSING DATE:
02/28/2019
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780 81st St, Miami Beach, Florida 33141
6
MLS# A10563701

Subdivision: Biscayne Bch Sub
780 81st St,
Miami Beach, Florida 33141
SOLD FOR $1,665,000
Sq.Ft: 6,000 PSF: $277.50 Type: Multifamily

INVESTORS WELCOME 40 YEARS CERTIFICATION, IS NOT A FOURPLEX IS A BUILDING OF 10 APARTMENTS, LOCALIZATION, LOCALIZATION BUILDING OF 10 LARGE APARTMENTS OF A ROOM AND A BATH ALL REMODELED TO 6 BLOCKS OF THE BEAUTIFUL BEACH OF MIAMI BEACH NEAR MILLIONAIRES BUILDINGS AND MANSIONS THE INCOMES CAN BE INCREASED TO $1,350.00WITH WASHING MACHINE AND DRYER AND THE BEST PRICE OF THE AREA TO RUN BEFORE THE PRICES INCREASE MORE IN THE AREA AND CAN BE RENTED BY AIRBNB

4.9% DECREASE
(-$85,000)
DAYS ON MARKET: 145 CLOSING DATE:
03/15/2019
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2006 Calais Dr, Miami Beach, Florida 33141
5
MLS# A10597076
Development: Isle of Normandy
Subdivision: Isle Of Normandy Miami Vi
2006 Calais Dr,
Miami Beach, Florida 33141
SOLD FOR $440,000
Sq.Ft: 2,592 PSF: $169.75 Type: Multifamily

Isle of Normandy: 4 - plex, Investor Opportunity in a great location.

2.2% DECREASE
(-$10,000)
DAYS ON MARKET: 75 CLOSING DATE:
03/01/2019
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811 Espanola Way, Miami Beach, Florida 33139
28
MLS# A10615973
Development: Espanola Villas
Subdivision: Espanola Villas 1st Addn
811 Espanola Way,
Miami Beach, Florida 33139
SOLD FOR $1,000,000
Sq.Ft: 2,457 PSF: $407.00 Type: Multifamily

Espanola Villas: Beautiful Old Spanish Multi-family property located on Española Way.The home consists of 3 units. The main house features a foyer with an open layout kitchen and dining area ready to entertain, 3 bedrooms and 2 bath with wood floors a laundry room, spacious Florida room with views to the patio. The top unit has a spacious layout and features 1 bedroom and 1 bath with a large exterior terrace overlooking east with beautiful daily views of the sunrise. The rear unit features 1 bedroom and 1 bath to accommodate any guests you may have, or additional income. Blocks from Shops & Restaurants on Lincoln Road,Tennis Courts in Flamingo Park, Volleyball Courts on Ocean Drive.

4.8% DECREASE
(-$50,000)
DAYS ON MARKET: 43 CLOSING DATE:
03/01/2019
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