7510 Byron Ave Miami Beach, FL, 33141
$ 1,750,000Bedrooms Baths--
for $1,750,000. This building was built in 1949 on a lot size of 5650.
HUGE REDUCTION FOR QUICK SALE! OFFERED AT 7% GROSS REVENUE WITH HUGE POTENTIAL TO INCREASE RENT VALUES (CURRENT RENT VALUE IS UNDER MARKET). ASKING ONLY $218K PER UNIT. INCOME GENERATING MIAMI BEACH 8-UNIT MULTIFAMILY PROPERTY. LOCATED JUST 2 BLOCKS AWAY FROM THE BEACH. ALL UNITS ARE 1 BED/ 1 BATH WITH OVER 610SQFT. ALL UNITS HAVE FULL KITCHEN; LIVING ROOM AND HAVE BEEN PARTIALLY UPGRADED OVER THE LAST FEW YEARS. THIS PROPERTY IS A VERY STABLE INCOME GENERATOR.
Lot Description Outbuilding(s)
Parking 1-20 Parking Spaces On Street Parking
Commercial Sale Includes Building & Land Sale Includes Leases
Documents Copy of Lease Financial Documents
Rental* Excluded Features
Lease Terms 1+ years
Tenant Pays Electric
List By Smk Realty & Investments Llc
- Monthly Principal & Interest
- Monthly Property Taxes
- 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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Commerical listings in Miami Beach, FL
Average List Price $3,936,917
Percent of Sale Price 125 %
About Miami Beach, FL
2 % Since 2002
$ 51,768 Median Income
42.16 Median Age
16 % Households with Children
|12/8/2018||$1,750,000|| -12.50 %|| Price Down|
|12/8/2018||$2,000,000|| || Price Up|
|10/2/2018||$2,000,000|| ||Listed Price|