FL > Miami Beach > Ocean Beach Addn No 3
Miami Beach, FL 33139,1150 8th St
Miami Beach, FL 33139,1150 8th St
Miami Beach, FL 33139,1150 8th St
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$3,400,000
Est. payment /mo
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5,426 SqFt
Price Dropped by $50K

1150 8th St Miami Beach, FL 33139

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

12/09/2024 05:40 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,426 sqft

Price per Sqft $626

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11652726

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1948

Annual Tax Amount $37,946

Tax Year 2024

Property Description

Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street,
on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner
Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term
Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building.

Total Monthly income: $15,700, move in 5.3% CAP Rate with potential upside on the rents!

Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually!

All Units come furnished with inventory list, they are all the exact same on the interior!

Location

State FL

County Miami-dade

Community Ocean Beach Addn No 3

Area 32

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Vinyl

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 02-42-03-009-8650

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Alexandria Realty Group LLC

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Anthony Guerriero

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+1(646) 376-8752

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1150 8th St

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