For Sale
$5,000,000

1000 7Th StMiami Beach, FL 33139

Prime Miami Beach location, renovated units, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multifamily investment opportunity is located at 1000 7th Street in the heart of Miami Beach, Florida. The property, built in 1951, consists of a single building and offers a compelling combination of location, recent renovations, and strong rental potential. The asking price is $5,000,000. All units have undergone complete renovations, ensuring high-quality living spaces for tenants. Furthermore, the building has successfully completed its 40-year recertification in 2023, providing peace of mind for investors. The property boasts four off-street parking spaces, a valuable amenity in this desirable location, supplemented by readily available street parking. Its prime location offers unparalleled convenience, with easy walking access to South Pointe Park, the beach, Flamingo Park, Canopy Park on West Ave, a Publix supermarket, and a wide array of high-end retail stores and restaurants. Tenants can enjoy a spacious, gated tropical outdoor garden featuring a BBQ and lounge area, enhancing the property's appeal and providing a welcoming community atmosphere. A 24-hour notice is required for showings. This is a rare chance to acquire a meticulously maintained and highly desirable multifamily property in one of Miami Beach's most sought-after neighborhoods. The property's strong rental income potential, combined with its prime location and recent upgrades, makes it an ideal investment for discerning buyers.

Highlights

  • Exceptional multifamily investment opportunity in Miami Beach, FL, asking $5,000,000.
  • 1951-built building with recently renovated units and 2023 40-year recertification.
  • Four off-street parking spaces plus ample street parking.
  • Prime location near South Pointe Park, the beach, and high-end amenities.
  • Features a gated tropical garden with BBQ and lounge area.

Property Details for 1000 7Th St

Property type
Year Built
1951
Buildings
1

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7768943
Longitude
-80.1387521
1000 7Th St, Miami Beach, Florida

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1000 7Th St
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