Overview
Closing Costs Calculator- Status: Closed
- Parking No info
- Size: 7,868 ft2/730.96 m2
- Price Per: $597.36 ft2/$6,429.89 m2
- Type: Multifamily
- Built: 1951
- HOA: No info
- MLS Number: A11379562
- View No info
- On Site: 361 days
- Updated: 271 Days Ago
- Page Views: 1
9.6% CAP RATE WITH 70% SELLER FINANCING, 6% INTEREST ONLY FOR 5 YEARS! WITH OPTION FOR ANOTHER 5 YEARS! 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout incl hotel quality baths with celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!
Contact AdvisorDevelopment Amenities
Development Amenities:
- Elevators
- Fitness Center
- Laundry
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
08/01/2023 | Sold | $4,685,000.00 | 0.3% | $595.45 ft2/$6,409.37 m2 |
07/31/2023 | Price Reduced | $4,700,000.00 | 5.5% | $597.36 ft2/$6,429.89 m2 |
05/03/2023 | Listed | $4,975,000.00 | $632.31 ft2/$6,806.11 m2 |
Features
Property Details for 1000 7th St, Miami Beach, FL 33139
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Balcony, Barbecue, Outdoor Grill
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Marble, Tile
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1951
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Ocean Beach
- Subdivision Name: OCEAN BEACH ADDN NO 3
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 05/03/2023
- Closing Date: 08/01/2023
- Area: 42
- Brokered By: Keller Williams Capital Realty
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $31,002.00 (2022)