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 Advisor

Development Amenities

Development Amenities:

  • Elevators
  • Fitness Center
  • Laundry

Price History

DateEventPriceChange RatePrice Per
08/01/2023Sold$4,685,000.000.3%$595.45 ft2/$6,409.37 m2
07/31/2023Price Reduced$4,700,000.005.5%$597.36 ft2/$6,429.89 m2
05/03/2023Listed$4,975,000.00$632.31 ft2/$6,806.11 m2

Features

Property Details for 1000 7th St, Miami Beach, FL 33139

Ocean Beach, Multifamily current status is Closed, 1000 7th St is a Multifamily in , Miami Beach, FL 33139 with property MLS ID# A11379562. This Multifamily has been listed on Best of Luxury Realty since May 03, 2023 and is currently priced at 4,700,000. This property was built in 1951.

Nearest Schools

Select Community

Select Another City

Miami Beach, FL Nearby Cities

230 listings
$249,000 - $70,000,000
86 listings
$545,000 - $48,000,000
149 listings
$350,000 - $80,000,000
6 listings
$27,995,000 - $38,000,000
352 listings
$265,000 - $25,000,000
87 listings
$305,000 - $7,650,000

Mortgage Calculator

Property Price:
$4,700,000.00
Initial Payment:
Interest Rate:
Loan Term (in Years):
Mortgage Payment:
Get Pre-Qualified

Area Specialist

Buyer/Tenant Etiquette
Adbutler placeholder
Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor