VALUE ADD OPPORTUNITY - 10 UNIT WATERFRONT APARTMENT COMPLEX IN MIAMI BEACH W/ 10 NEW BOAT DOCKS BEING BUILT OUT FOR INCREASED REVENUE - DEVELOPMENT PROPERTY OR OPERATE FOR EXISTING CASH FLOW(SEE PHOTOS IN MLS). This 10 unit apartment complex features long term tenants, 143ft of water frontage, 2 garden style buildings & 100% occupied. New Boat Dock & Seawall Upgrades in process to add 10 new boat slips that can store boats up to 27ft long. If you choose to redevelop property the complex is located outside any overlay districts such as the national registry & local historic or conservation district. It is also your ability to take part in the North Beach Revitalization Project happening now and walking distance to Normandy Golf Course, Normandy Community Pool & Park. Call for more details

Property Details

  • MLS #A10655836
  • TypeCommercial
  • StatusActive
  • Development
  • Subdivision
  • Sale TypeRegular Sale
  • Approx Lot Size0
  • Parking
  • Days on Market281
  • Year Built1950
  • StyleMulti Family
  • WaterfrontYes
  • FurnishedNo
  • Flooring TypeTile
  • Date Listed04/12/2019
  • CoolingOther
  • HeatingCentral,Electric
  • Taxes Year2018
  • Taxes$15,445

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