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

6727 Indian Creek Dr Miami Beach, FL, 33141

$ 3,000,000
Bedrooms Baths0.0

Monthly Estimate*

$ 11,632

How much can I afford?
6727 Indian Creek Dr, Miami Beach, FL 33141 - Image 1
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6727 Indian Creek Dr, Miami Beach, FL 33141 - Image 13
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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.

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.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 21,796

Style

Apartment

Lot Size

12,200

Year Built

1950

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A10465145

Features
Exterior
Parking 1-20 Parking Spaces Assigned Parking
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* Excluded Features
List By

Listing Agent

Genesis Realty Services Inc.

Broker


Affordability

$ 13,448 per month
Get Pre-Approved
Monthly Principal & Interest
$11,632
Monthly Property Taxes
$1,816
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
Pricing History
DatePricePrice ChangeDescription
6/11/2018$3,000,000 -11.76 % Price Down
5/7/2018$3,400,000 Listed Price

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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