Basic Information
- MLS # A11379562
- Type Quadruplex
- Status Closed
- Subdivision/Complex OCEAN BEACH ADDN NO 3
- Year Built 1951
- Total Sqft 7,868
- Date Listed 05/03/2023
- Days on Market 90
9.6% CAP RATE WITH 70% SELLER FINANCING, 6% INTEREST ONLY FOR 5 YEARS! WITH OPTION FOR ANOTHER 5 YEARS! 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, the most quiet, peaceful & safe street in all of S. Beach! Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens with quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout incl hotel quality baths with celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Waterfront Description Bayfront
- Parking Description
- Exterior Features Balcony, Barbecue, Outdoor Grill
- Style Quadruplex
Interior Features
- Adjusted Sqft 7,868Sq.Ft
- Cooling Description Central Air
- Floor Description Marble, Tile
- Heating Description Central
- Sqft 7,868 Sq.Ft
Property Features
- Address 1000 7th St
- Aprox. Lot Size 7,868
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash, Conventional, Exchange1031, Owner May Carry
- HOA Fees $0
- Subdivision Complex
- Subdivision Info OCEAN BEACH ADDN NO 3
- Tax Amount $31,002
- Tax Legal desc OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 97 LOT SIZE 50.000 X 150 OR 16023-1241 0793 1 COC 26210-4069 01 2008 1
- Tax Year 2022
- Terms Considered Cash, Conventional, Exchange1031, Owner May Carry
- Type of Property Quadruplex
- Waterfront Description Bayfront
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty. tel: 305-662-7325
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