4349 Sheridan Ave ,Old Spanish, Quadruplex, Orchard Sub No 4 for Sale

4349 Sheridan Ave for Sale

Price $4,500,000.00

  • Lot size 6567
  • Year Build 1925
  • Waterfront
  • Zip 33140
  • Style Old Spanish
  • Parking Description
  • Pool Yes
  • Status Active
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Description

EXCITING ASSET-first time to market in 25 years for this vintage jewel. 2 building structures with classic hardwood floors and central AC throughout. 12 units in TOTAL-4 studio & 8 one bedroom. 11 units are corners. 8 units have been remodeled. extremely attractive pro forma CAP rate at about 5%. 40 year recertification COMPLETED. meticulously maintained by same owner operator, this building runs smooth as silk. 4 blocks from the beach-close to interstate access-1 block from city park-walk to restaurants and stores-very clean & very quiet single family neighborhood. ALL long term leases-ALL high credit score tenants-ALL criminal and financial background checks. building access secured by keypad entry. laundry facility on site. parking area in front of the building. thank you.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11494856 rent roll and income analysis available-seller requires NDA signed before hand. listing agent is a single agent for seller. please give your clients UNBRANDED video link: https://youtu.be/JWZER5GfBEU

ORCHARD SUB NO 4 PB 25-30 LOT 13 BLK 2 LOT SIZE 50.000 X 135 OR 17971-3003 0198 1

Less Than 1/4 Acre Lot

EXCITING ASSET-first time to market in 25 years for this vintage jewel. 2 building structures with classic hardwood floors and central AC throughout. 12 units in TOTAL-4 studio & 8 one bedroom. 11 units are corners. 8 units have been remodeled. extremely attractive pro forma CAP rate at about 5%. 40 year recertification COMPLETED. meticulously maintained by same owner operator, this building runs smooth as silk. 4 blocks from the beach-close to interstate access-1 block from city park-walk to restaurants and stores-very clean & very quiet single family neighborhood. ALL long term leases-ALL high credit score tenants-ALL criminal and financial background checks. building access secured by keypad entry. laundry facility on site. parking area in front of the building. thank you.

City:Miami Beach,Zoning:0800,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.8164502,Cooling Y N:1,Heating Y N:1,List Price:4500000,Listing Id:A11494856,Longitude:-80.1268659,Mls Status:Active,Year Built:1925,Living Area:6567,Postal Code:33140,Street Name:Sheridan Ave,Coordinates:1:25.8164502,Photos Count:37,Building Name:ORCHARD SUB NO 4,Days On Market:2,Listing Terms:1:Cash,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Orchard Sub No 4,On Market Date:2023-12-08,Parcel Number:02-32-22-001-0270,Parking Total:9,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:4349,M I A M I R E_ Style:Fourplex,Public Remarks:EXCITING ASSET-first time to market in 25 years for this vintage jewel. 2 building structures with classic hardwood floors and central AC throughout. 12 units in TOTAL-4 studio & 8 one bedroom. 11 units are corners. 8 units have been remodeled. extremely attractive pro forma CAP rate at about 5%. 40 year recertification COMPLETED. meticulously maintained by same owner operator, this building runs smooth as silk. 4 blocks from the beach-close to interstate access-1 block from city park-walk to restaurants and stores-very clean & very quiet single family neighborhood. ALL long term leases-ALL high credit score tenants-ALL criminal and financial background checks. building access secured by keypad entry. laundry facility on site. parking area in front of the building. thank you.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Let's Go Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3154,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:ORCHARD SUB NO 4,Tax Annual Amount:27083,Unparsed Address:4349 Sheridan Ave, Miami Beach FL 33140,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:6567,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:685.2444,Original List Price:4500000,Public Survey Range:32,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:12,Syndication Remarks:EXCITING ASSET-first time to market in 25 years for this vintage jewel. 2 building structures with classic hardwood floors and central AC throughout. 12 units in TOTAL-4 studio & 8 one bedroom. 11 units are corners. 8 units have been remodeled. extremely attractive pro forma CAP rate at about 5%. 40 year recertification COMPLETED. meticulously maintained by same owner operator, this building runs smooth as silk. 4 blocks from the beach-close to interstate access-1 block from city park-walk to restaurants and stores-very clean & very quiet single family neighborhood. ALL long term leases-ALL high credit score tenants-ALL criminal and financial background checks. building access secured by keypad entry. laundry facility on site. parking area in front of the building. thank you.,Listing Contract Date:2023-12-08,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Showing Assist,Street Number Numeric:4349,Tax Legal Description:ORCHARD SUB NO 4 PB 25-30 LOT 13 BLK 2 LOT SIZE 50.000 X 135 OR 17971-3003 0198 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$1,M I A M I R E_ Adjusted Area S F:5366,M I A M I R E_ Internet Remarks:EXCITING ASSET-first time to market in 25 years for this vintage jewel. 2 building structures. 12 units in TOTAL. pro forma CAP rate at about 5%.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-12-08,Internet Address Display Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,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:685.24,

  • Price $4,500,000.00
  • Price Change: 2023-12-02
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1925
  • Waterfront
  • View
  • Pool Yes
  • Style Old Spanish
  • Construction
  • Parking Description
  • Flooring Type Wood
  • Property Type Residential Income
  • Status Active
  • Listed 2023-12-02
  • Days on Market 83
  • Furnished
  • City Miami Beach
  • Zip 33140
  • State Florida
  • Subdivision
  • Development Name ORCHARD SUB NO 4
  • HOA Fees
  • Taxes 27083
  • Taxes Year 2023