1311 15th Ter ,Quadruplex, Alton Beach Bay Front Re- for Sale

1311 15th Ter for Sale

Price $2,450,000.00

• Lot size 3581
• Year Build 1925
• Waterfront
• Zip 33139
• Style Detached, Old Spanish
• Parking Description
• Pool Yes
• Status Active

Description

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!

Do not disturb Tenants and do not trespass. Attached: A. Income & Expense sheet B. Approved Architectural & Landscaping Plans or check attachments. Call/text Roberto 786 597 4443 or Amy 786 626 7555 for infos/showings, etc.

ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1

Less Than 1/4 Acre Lot

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!

City:Miami Beach,Roof:1:Curved/S-Tile Roof,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7883406,Cooling Y N:1,Heating Y N:1,List Price:2450000,Listing Id:A11615043,Longitude:-80.1427854,Mls Status:Active,Year Built:1925,Living Area:3581,Postal Code:33139,Street Name:15th Ter,Coordinates:1:25.7883406,Photos Count:34,Building Name:ALTON BEACH BAY FRONT RE-,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Alton Beach Bay Front Re-,On Market Date:2024-07-01,Parcel Number:02-32-33-016-0050,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Gas,2:Hot Water,3:Gardener,4:Sewer,5:Trash Collection,6:Water,Stories Total:2,Street Number:1311,M I A M I R E_ Style:Fourplex,Public Remarks:Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Coldwell Banker Realty,Private Remarks:Do not disturb Tenants and do not trespass. Attached: A. Income & Expense sheet B. Approved Architectural & Landscaping Plans or check attachments. Call/text Roberto 786 597 4443 or Amy 786 626 7555 for infos/showings, etc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2206,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:ALTON BEACH BAY FRONT RE-,Tax Annual Amount:20817,Total Actual Rent:175800,Unparsed Address:1311 15th Ter, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Operating Expense:44220,Year Built Details:Effective Year Built,Building Area Total:3581,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:684.1664,Original List Price:2450000,Public Survey Range:32,Architectural Style:1:Old Spanish,Documents Available:1:Deposit - Security,2:Investment Analysis,3:Copy Of Lease(S),4:Existing Survey,I D X Participation Y N:1,Net Operating Income:131580,Number Of Units Total:7,Syndication Remarks:Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!,Listing Contract Date:2024-07-01,Originating System I D:miamire,Public Survey Section:33,Showing Instructions:Call Listing Agent,Street Number Numeric:1311,Tax Legal Description:ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3278,M I A M I R E_ Internet Remarks:Collect rent with this 7-unit multifamily: 2 2/1s, 2 1/1s, 3 studios...OR Shovel-ready opportunity to build a 6 3/2 building w/ rooftop pool & parking,Contract Status Change Date:2024-07-01,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:684.17,Internet Automated Valuation Display Y N:1,