Beautiful Art Deco apartment building in prime South Beach location. 2 blocks from Lincoln Road, steps from Flamingo Park and few blocks from the beach. Corner location with great curb appeal. All units w/decorative fireplaces and hardwood floors. Always 100% occupied generating income from 12 large units(8 studios and 4 one-bedrooms). Upgraded electrical. Excellent candidate for condo conversion.
This is a one of a kind four plex on Miami Beach. Gated property with Four studios, all with own entrance updated kitchen, bath, impact windows. Washer and Dryer on property. Walking distance to the beach, publix, 5th St shoppes and restaurants. Great cash flow for Miami Beach with a 3.4 Cap. Rents could easily be raised. Property could be converted to single home or build second floor. All units are currently rented. Please do not disturb tenants.