6727 Indian Creek Dr Miami Beach, FL 33141

$3,000,000
6727 Indian Creek Dr, Miami Beach, FL 33141
A10465145

Commercial Property for sale in Miami Beach, FL

for $3,000,000. This building was built in 1950 on a lot size of 12,200.

Property Information

  • $3,000,000
  • Commercial
  • Taxes are $21,796
  • Apartment
  • Active
  • Lot size of 12,200
  • Built in 1950
  • Miami Beach, FL
  • North Shore Neighborhood
  • Miami-Dade County
  • MLS/Web ID is A10465145

 Virtual Tour

Description

EXCELLENT INVESTMENT OPPORTUNITY! THIS AREA IS BOUND TO INCREASE IN VALUE DUE TO THE CURRENT NORTH BEACH MASTER PLAN REDEVELOPMENT PROGRAM. INCOME GENERATING 14 UNIT THAT ARE MONTH TO MONTH AND RENT CAN BE INCREASED ONCE THE AREA IS RE-DEVELOPED. LOCATED IN A CORNER WITH PLENTY OF LAND WHICH IS RARE FOR THE AREA. 12 UNITS ARE 1 BED 1 BATH APTS AND 2 UNITS ARE STUDIOS. THIS BUILDING CONVENIENTLY FEATURES PARKING LOT WITH ENTRANCES ON INDIAN CREEK ROAD AND HARDING AVENUE. THIS PROPERTY IS A FEW BLOCKS AWAY FROM THE RELAXING AND SANDY MIAMI BEACHES AND CLOSES TO MAJOR HIGHWAYS AND MUCH MORE. ALL 14 UNITS ARE RENTED ON A MONTH TO MONTH BASIS AND BUILDING IS APPROVED TO BUILD UP TO A 5 LEVEL MOTEL/HOTEL. PROSPECTIVE BUYER MAY INQUIRE WITH THE CITY REGARDING ANY FUTURE IMPROVEMENTS.

Exterior 1

Parking

  • 1-20 Parking Spaces
  • Assigned Parking

† Excluded Feature

Listed By

Broker: GENESIS REALTY SERVICES INC.

6727 Indian Creek Dr , Miami Beach, FL, 33141 is a Commercial Property for sale at $3,000,000 with a lot size of 12,200. 6727 Indian Creek Dr has 0.0 baths and was built in 1950. The property's zip code is 33141 which is in Miami Beach, FL

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Pricing History

Date Price Price Change Description
6/11/2018 $3,000,000 -11.76 % Price Change
5/7/2018 $3,400,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Miami Beach $1,762,798 41 % below $599,000 80 % below
Commerical listings in Miami Beach $3,781,097 26 % above $2,900,000 3 % below

Get the facts about Miami Beach, FL!

Population 89,945
Population Growth (since 2000) 2 %
Median Income $51,768
Median Age 42.16
Households w/ Children 16 %

Residential Dwellings

  • Owned 18980
  • Vacant 18318
  • Rented 29384

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