Miami Beach, FL 33139,935 Meridian Ave
Miami Beach, FL 33139,935 Meridian Ave
Miami Beach, FL 33139,935 Meridian Ave
Miami Beach, FL 33139,935 Meridian Ave
Miami Beach, FL 33139,935 Meridian Ave
Miami Beach, FL 33139,935 Meridian Ave
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$2,700,000

$2,700,000

Est.Price: ?

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Est. payment /mo

4,726 SqFt


SOLD DATE : 04/07/2023

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,726 sqft

Price per Sqft $571

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11288998

Sold Date 04/07/23

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1930

Annual Tax Amount $21,476

Tax Year 2021

Contingent 3rd Party Approval

Property Description

$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity to own an Old World Mediterranean Masterpiece. They don't build them like this anymore! Mid-Century European meets Art Deco in this completely gated & restored 4 units, 2 buildings, a large (7000 SFT) lot, the most beautiful tree lined street! Renovations include new AC, modern kitchens & baths, hardwood floors and impact windows. EVERYTHING is done, you won't need to spend a dime for a long time. 40 year done in 2020. All tenants on annual leases generating a 6%+ CAP RATE. New rents in the area justify a 6% increase which pushes that over 7%. 6 blocks from Lincoln, Ocean & S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER MUST SIGN PERSONAL GUARANTY FOR FINANCING..

Location

State FL

County Miami-dade County

Community Ocean Beach Addn No 3

Area 42

Interior

Heating Electric

Cooling Central Air

Flooring Tile, Wood

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Porch, Patio

Pool None

Utilities Available Cable Available

Roof Type Barrel,Other

Porch Open, Patio, Porch

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 02-42-03-009-3690

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Seller Financing

Special Listing Condition Listed As-Is

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Listed by Keller Williams Capital Realty
Bought with Keller Williams Capital Realty
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