825 Michigan Ave,Detached, Quadruplex, Quadruplex, Fourplex, Ocean Beach Addn No 3

825 Michigan Ave, Miami Beach, Florida, 33139

Price $3,150,000.00

• Lot size 8219
• Year Build 2017
• Waterfront
• Zip 33139
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Chic & easily manageable investment property in the heart of South Beach. The project was finished in 2017. The property is comprised of two buildings, a fully reconfigured and converted 2-story 1936 historic art deco in the front of the lot, and a newly built 3-story building with 2 private breath-taking rooftop terraces & 4 covered parking spaces in the rear of the lot. The deco building features 4 identical 2 bed 2 bath units, while the new building features a large 2/2 at the ground level, and two 3 bed 3 bath 2-story townhouses on top. Call listing agent to tour the property and to receive additional information & most up-to-date financials.

$50,000 bonus on top of commission to be split between listing and selling agents, Bring an offer, owner motivated and willing to negotiate. Please download the presentation with income & expense info in the attachments.

OCEAN BEACH ADD NO 3 PB 2-81 LOT 11 BLK 87 LOT SIZE 50.000 X 140 OR 18696-2816 0799 1 COC 25026-2650 10 2006 4

Less Than 1/4 Acre Lot

Chic & easily manageable investment property in the heart of South Beach. The project was finished in 2017. The property is comprised of two buildings, a fully reconfigured and converted 2-story 1936 historic art deco in the front of the lot, and a newly built 3-story building with 2 private breath-taking rooftop terraces & 4 covered parking spaces in the rear of the lot. The deco building features 4 identical 2 bed 2 bath units, while the new building features a large 2/2 at the ground level, and two 3 bed 3 bath 2-story townhouses on top. Call listing agent to tour the property and to receive additional information & most up-to-date financials.

City:Miami Beach,Roof:1:Tar & Gravel Roof,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2017,Flooring:1:Concrete,Latitude:25.778406,Malone Id:1069953116,Cooling Y N:1,Heating Y N:1,List Price:3150000,Listing Id:A10546765,Longitude:-80.138362,Mls Status:Active,Year Built:2017,Living Area:8219,Postal Code:33139,Street Name:Michigan Ave,Coordinates:1:25.778406,Photos Count:16,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:1088,Listing Terms:1:Assumable,2:Conventional,3:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2018-09-20,Parcel Number:02-42-03-009-6650,Parking Total:4,Property Type:Residential Income,Stories Total:3,Street Number:825,M I A M I R E_ Style:Fourplex,Public Remarks:Chic & easily manageable investment property in the heart of South Beach. The project was finished in 2017. The property is comprised of two buildings, a fully reconfigured and converted 2-story 1936 historic art deco in the front of the lot, and a newly built 3-story building with 2 private breath-taking rooftop terraces & 4 covered parking spaces in the rear of the lot. The deco building features 4 identical 2 bed 2 bath units, while the new building features a large 2/2 at the ground level, and two 3 bed 3 bath 2-story townhouses on top. Call listing agent to tour the property and to receive additional information & most up-to-date financials.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-10-31,Private Remarks:$50,000 bonus on top of commission to be split between listing and selling agents, Bring an offer, owner motivated and willing to negotiate. Please download the presentation with income & expense info in the attachments.,Standard Status:Active,Window Features:1:Complete Impact Glass,2:High Impact Windows,3:Impact Glass,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5619,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:26237,Unparsed Address:825 Michigan Ave, Miami Beach FL 33139,Exterior Features:1:Exterior Lights,2:Open Balcony,Listing Agreement:Exclusive Right To Sell,Year Built Details:New Construction,Building Area Total:8219,Building Area Units:Square Feet,Lot Size Square Feet:8219,M I A M I R E_ L P Amt Sq Ft:383.2583,Original List Price:3700000,Previous List Price:3200000,Property Condition:1:New Construction,Public Survey Range:42,I D X Participation Y N:1,Net Operating Income:181578,Number Of Units Total:7,Syndication Remarks:Chic & easily manageable investment property in the heart of South Beach. The project was finished in 2017. The property is comprised of two buildings, a fully reconfigured and converted 2-story 1936 historic art deco in the front of the lot, and a newly built 3-story building with 2 private breath-taking rooftop terraces & 4 covered parking spaces in the rear of the lot. The deco building features 4 identical 2 bed 2 bath units, while the new building features a large 2/2 at the ground level, and two 3 bed 3 bath 2-story townhouses on top. Call listing agent to tour the property and to receive additional information & most up-to-date financials.,Listing Contract Date:2018-09-20,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:825,Tax Legal Description:OCEAN BEACH ADD NO 3 PB 2-81 LOT 11 BLK 87 LOT SIZE 50.000 X 140 OR 18696-2816 0799 1 COC 25026-2650 10 2006 4,Public Survey Township:42,Construction Materials:1:CBS Construction,2:Elevated Construction,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:7874,Contract Status Change Date:2018-09-20,Internet Address Display Y N:1,Number Of Units In Community:4,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:383.26,