641 10th St ,Detached, Quadruplex, Ocean Beach Addn No 3 for Sale

641 10th St for Sale

Price $2,850,000.00

• Lot size 7272
• Year Build 1930
• Waterfront
• Zip 33139
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 9 BLK 43 LOT SIZE 50.000 X 140 OR 17809-1816 0196 4

Less Than 1/4 Acre Lot

Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.

City:Miami Beach,Roof:1:Other,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Wood,Latitude:25.7808093,Cooling Y N:1,Heating Y N:1,List Price:2850000,Listing Id:A11479959,Longitude:-80.134855,Mls Status:Active,Year Built:1930,Living Area:7272,Postal Code:33139,Street Name:10th St,Coordinates:1:25.7808093,Photos Count:27,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:19,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2023-11-16,Parcel Number:02-42-03-009-1190,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:2,Street Number:641,M I A M I R E_ Style:Fourplex,Public Remarks:Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Compass Florida, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5465,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:41067,Unparsed Address:641 10th St, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:7272,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:426.2926,Original List Price:3100000,Public Survey Range:42,I D X Participation Y N:1,Number Of Units Total:13,Syndication Remarks:Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.,Listing Contract Date:2023-11-16,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:641,Tax Legal Description:3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 9 BLK 43 LOT SIZE 50.000 X 140 OR 17809-1816 0196 4,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:6544,M I A M I R E_ Internet Remarks:Fully occupied with 13 units, currently bringing in $193,500 annually. 8 Studio/efficiencies, 3 One Bedroom, 2 - 2 bedroom/1 bath.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-11-16,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:426.29,Internet Automated Valuation Display Y N:1,