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Income/MultiFamily - for Sale

1770 MERIDIAN AVE, MIAMI BEACH, FL 33139

Asking Price$12,990,000

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  • Lot size 18750sqft
  • Taxes $107,711
  • Year Built 1954
  • Days on market:

    8 day(s)
  • Original Price:

    $12,990,000
  • Tax Legal Description:

    34 53 42 GOLF COURSE SUB AMD PL PB 6-26 LOT 10 & N12.5FT LOT 9 & N1/2 OF LOT 8 & S37.5FT LOT 9 BLK 21 LOT SIZE 125.000 X 150 OR 17926-4846-8
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Parking:

    On Street
  • Waterfrontage (sqft):

    125
  • Inclusions:

    Building & Land
  • Lease Term Remaining:

    Annual Lease,Month To Month
  • Construction Type:

    Cbs Construction
  • Roof:

    Built-Up
  • Cooling Description:

    Wall/Window Unit(s)
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location Corner Lot

Description

$12,990,000

South beach – income-producing, 31-unit apartment building in a strategic corner location between the miami beach golf club and lincoln road, across the street from the new 5.8 acre pride park, the miami beach convention center and city hall. the two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. rm-2 zoning allows for 14,000+ additional square footage in a world-class destination. cash-flowing with high occupancy as-is. opportunity to renovate or redevelop for short term or long term rentals.

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