Miami Beach, FL 33139,1000 7th St
$4,685,000
$4,700,000
0.3%
Est.Price: ?

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7,868 SqFt

1000 7th St Miami Beach, FL 33139

Est. payment /mo
SOLD DATE : 08/01/2023

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Key Details

Sold Price $4,685,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 7,868 sqft

Price per Sqft $595

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11379562

Sold Date 08/01/23

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1951

Annual Tax Amount $31,002

Tax Year 2022

Property Description

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!

Location

State FL

County Miami-dade County

Community Ocean Beach Addn No 3

Area 42

Interior

Heating Central

Cooling Central Air

Flooring Marble, Tile

Exterior

Exterior Feature Balcony, Barbecue, Outdoor Grill

Pool None

Utilities Available Cable Available

Waterfront Description Bay Front

Roof Type Flat

Porch Balcony, Open

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 02-42-03-009-7640

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry

Financing Seller Financing

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

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Dalziel Rodriguez

Real Estate Specialist® | License ID: 3612901

+1(786) 602-9773

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