$1,299,000

Overview

Investment opportunity in Miami Beach's desirable North Beach neighborhood. This four-unit multifamily property is 3,759 square feet under air with a 2 year old roof. The unit mix includes one 3-bedroom, 2-bathroom first floor unit and three 1-bedroom, 1-bathroom apartments on the second floor. Separate electric meters, common coin operated laundry area and established rental income provide a solid foundation for investors. 1 water meter. Conveniently located near Normandy Isle, beaches, shopping, restaurants and public transportation. A great opportunity to own an income-producing property in Miami Beach with strong long-term potential. 3 long term tenants on month to month leases and one annual lease. See attachment for leases.