$3,030,000
$3,300,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1120-1130 Marseille Dr. Miami Beach, FL 33141
0.32 Acres Lot
Key Details
Sold Price $3,030,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10339462
Sold Date 11/01/22
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $30,557
Tax Year 2021
Lot Size 0.319 Acres
Property Sub-Type Income/Multi-Family
Property Description
The property is a 16 living units multifamily comprised of 2 buildings located in the heart of Biscayne Bay on the Normandy Islands in Miami Beach, FL. Minutes to A1A providing unparalleled accessibility throughout the Miami MSA. Property is being sold VACANT and AS IS. Great opportunity to acquire a promising asset in a prime location with market rent income of $35K monthly for long-term retention strategy. Area amenities include Normandy Shores Golf Course, Normandy Isle Park and Pool, and a bustling downtown area with busy local shops and restaurants.
Location
State FL
County Miami-dade County
Zoning 3900
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Tile Floors
Exterior
Water Access N
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Limited Partnership
Security Features Fenced
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Island