$4,750,000
$225K PRICE DROP

Estimated payment $31,993/month

Total Views 3,142
-- Bed
-- Bath
7,868 Sq Ft
$604 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Marble Flooring
  • Central Heating and Cooling System
  • South Pointe Elementary School Rated A-
  • No HOA

About This Home

ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6.5% INTEREST ONLY = Term 3 Years. 1.5 Points at close. 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, most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ 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!

Listing Agent

Ricky Kallabat

Keller Williams Capital Realty License #3254287

Keller Williams Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $65,770

Year Built

  • Built in 1951

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,868 Sq Ft Home
  • 2-Story Property

Flooring

  • Marble
  • Tile

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean Beach Addn No 3 Condos
  • Ocean Beach Addn No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-009-7640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$65,770

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Road Frontage Type: Bay
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: OCEAN BEACH ADDN NO 3
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Marble, Tile
  • Living Area: 7868
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN BEACH ADDN NO 3
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-03-009-7640
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 65770

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Rented $2,750 -8.3% --
02/27/2025 02/27/25 Price Changed $3,000 -99.9% $0 / Sq Ft
02/27/2025 02/27/25 Under Contract -- -- --
02/11/2025 02/11/25 Price Changed $4,750,000 0.0% $604 / Sq Ft
02/07/2025 02/07/25 Price Changed $2,750 -8.3% $0 / Sq Ft
01/06/2025 01/06/25 For Rent $3,000 0.0% --
12/13/2024 12/13/24 For Sale $4,975,000 0.0% $632 / Sq Ft
08/08/2023 08/08/23 For Rent $2,295 0.0% --
08/01/2023 08/01/23 Sold $4,685,000 -0.3% $595 / Sq Ft
07/31/2023 07/31/23 Price Changed $4,700,000 -2.1% $597 / Sq Ft
07/11/2023 07/11/23 Price Changed $4,800,000 0.0% $610 / Sq Ft
06/26/2023 06/26/23 For Rent $2,295 0.0% --
06/02/2023 06/02/23 Price Changed $4,950,000 -0.5% $629 / Sq Ft
05/03/2023 05/03/23 For Sale $4,975,000 0.0% $632 / Sq Ft
01/31/2023 01/31/23 For Rent $2,295 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11703069

MIAMI REALTORS® MLS