1000 7th Street, Miami Beach, FL 33139

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List Price
$4,285,000
Status
ACTIVE
Days on Market
201
Price Change
▼ $115,000 1788986916
MLS#
A11975535
Subtype
Residential Income
Style
Quadruplex, Fourplex
Year Built
1951
Living Area
7,868
Subdivision
Ocean Beach Addn No 3
Building Name
Ocean Beach Addn No 3

Property Description

Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. 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, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ 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 in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!

Additional Information

Interior Features
Stairs
Taxes
$52,096
Community Features
Ocean Beach Addn No 3
Property Description
Quadruplex, Fourplex
Zoning
3900
Flooring
Marble, Tile
Heating
Central
Air Conditioning
Central Air
Exterior Construction
CBS Construction
Stories
2
Roof
Flat Roof With Facade Front

Listing Courtesy of Keller Williams Capital Realty, Contact:

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