Commercial: MLS #A11822861 Miami Beach, FL $ 2,950,000
Commercial: MLS #A11822861
$ 2,950,000
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Commercial: MLS #A11822861

Miami Beach, FL, 33139
$ 2,950,000
Bedrooms12 Baths12.0 Sq 7,920

Monthly Estimate*

$ 18,404

MLS #/Web ID: A11822861 - Image 1
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Commercial Property for sale in Miami Beach, FL

for $2,950,000 with 12 bedrooms and 12 full baths. This 7,920 square foot building was built in 1946.

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. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.

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Commercial Pending

Price

$ 2,950,000

Bedrooms

12

Full Bath

12

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1946

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11822861

Features
General
Year Built 1946
Stories Count 2
Levels Two
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Contingency No Contingencies
Full Baths 12
Status Pending
City Miami Beach
Zoning Description 3900
Number Of Units Total 12
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822861
Structure Type Apartment Multi Family
Standard Status Pending
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description OCEAN BEACH ADD NO 3 PB 2-81 LOT 10 BLK 86 LOT SIZE 50.000 X 140 OR 13204-1766 0287 1
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Interior
Total Bedrooms 12
Total Baths 0
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Exterior
Lot Size Area 7000
Number of Buildings 1
Building Area Total 7920
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Cbre, Inc.

Broker

perry.synanidis@cbre.com

Email

Affordability Calculator

$18,404
Per Month
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Monthly Principal & Interest
$18,404
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$2,950,000 Listed Price

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