Commercial: MLS #A11822906 Miami Beach, FL ^$ 2,800,000

Commercial: MLS #A11822906

^$ 2,800,000

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Commercial: MLS #A11822906

Name: address
Address: FL, 33139

Miami Beach, FL, 33139

^$ 2,800,000

Bedrooms12 Baths12.0 Sq 7,200

Monthly Estimate*

^$ 17,468

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Commercial Property for sale in Miami Beach, FL

for $2,800,000 with 12 bedrooms and 12 full baths. This 7,200 square foot building was built in 1961.

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 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 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. The property includes community laundry and features 5 parking spaces. The exterior was fully painted in 2023 ($31k) and the roof was replaced in 2024 ($87k).

Commercial Active

Price

^$ 2,800,000

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1961

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11822906

Features

General

Year Built 1961

Stories Count 2

Levels Two

Property Subtype Multi Family

County Miami-Dade

Property Type Commercial Sale

Full Baths 12

Status Active

City Miami Beach

Zoning Description 6400

Number Of Units Total 12

MLS Area 42

Lot Size Units Square Feet

Lot Size Square Feet 6850

Listing Terms Cash Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822906

Structure Type Apartment Multi Family

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Multi Family

Legal Description 3-54-42 LENOX MANOR RE-SUB PB 7-15 E50FT OF LOTS 6 & 7 BLK 122 LOT SIZE 50.000 X 137 OR 19782-0059 0701 1 COC 22279-1087 04 2004 1

Interior

Total Bedrooms 12

Total Baths 0

Exterior

Total Parking 5

Lot Size Area 6850

Number of Buildings 1

Building Area Total 7200

Waterfront Y/N false

Covered Spaces 0

* Excluded Features

List By

Cbre, Inc.

Broker

perry.synanidis@cbre.com

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$17,468

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Monthly Principal & Interest: $17,468
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami Beach, FL

Average List Price ^$5,282,599

Percent of Sale Price 89%

About Miami Beach, FL

89,941 Population

2% Since 2002

^$56,146 Median Income

43.3 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/22/2025	$2,800,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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Commercial: MLS #A11822906

Commercial Property for sale in Miami Beach, FL

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