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    7311 Gary Ave

    Miami Beach, FL 33141
    • $2,990,000
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: A10972943
    $2,990,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,430
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    18 Units multifamily located in North Beach, blocks away from the beach. Attractive unit mix with One Studio, Three 2 bedrooms, and Fourteen 1 Bedroom. Building is currently under renovation. New painting, new gate and new landscaping were done in December 2020. 5 units have recently been updated. Rents are below market value - This building has a strong upside potential. Opportunity to get the property at a discount rate today (under $200/sqft !!!), finish the renovation and increase the profitability easily over a 6 cap. Owner motivated.

    Monthly Payment Calculator



    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-02-24T17:07:03.807.
    www.ewm.com/homes/112690893
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    7311 Gary Ave Miami Beach, FL 33141

    • Price: $2,990,000
    • Status: Active
    • MLS #: A10972943
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    15,430
    SQFT
    $194
    $/SQFT
    1958
    Built
    Neighborhood:
    Park View Island
    County:
    Miami-Dade
    Area:
    Park View Island
    Property Description
    18 Units multifamily located in North Beach, blocks away from the beach. Attractive unit mix with One Studio, Three 2 bedrooms, and Fourteen 1 Bedroom. Building is currently under renovation. New painting, new gate and new landscaping were done in December 2020. 5 units have recently been updated. Rents are below market value - This building has a strong upside potential. Opportunity to get the property at a discount rate today (under $200/sqft !!!), finish the renovation and increase the profitability easily over a 6 cap. Owner motivated.
    Exterior Features

    Construction Materials Concrete Block Construction Lot Features East Of Us 1 Parking Total 15 Pool Private YN No Roof Other View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 12538 Building Area Total 15430 Cooling Wall/Window Unit(S) Flooring Tile Heating Window/Wall Interior Features Stairs Stories Total 2

    Property Features

    Association YN No Building Name Park View Island Cooling YN Yes Documents Available Rent Rolls Heating YN Yes Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All Cash New Construction YN No Property Sub Type Quadruplex Public Survey Section 2 Rent Includes SewerTrash CollectionWater Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 45589 Tax Year 2020 Year Built Details Resale

    Listing courtesy of World Class Realty.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-02-24T17:07:03.807.
     
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    Berkshire Hathaway HomeServices EWM Realty
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