1025 Meridian Ave, Miami Beach, FL 33139

 
MLS #: A11823195
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Price: $3,220,000 MLS Number: A11823195  Commercial / Investment
 Address: 1025 Meridian Ave, Miami Beach, Florida 33139 USA
 Year Built: 1941
 
 Lot Square Feet: 7,000
 
 Lot Dimensions: 7000
 
 
 Remarks:
Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of CBRE, Inc..
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