[Address not provided], Miami Beach, FL 33139 - Photo 1

1/1

$2,500,000

Sold
Closed
Apartment

1/1

Property Description

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.

Full Property Details

Full Property Details for MLS# A11822861

General

Sold For: $2,500,000
Status: Closed
Type: Apartment
Source: Greater_Miami
MLS ID: A11822861
Added to Site: 261 day(s) ago

Business

Business Type: Apartments, Residential-Multi-Family

Location

County: Miami-Dade County

Community

Units Assoc/Comm: 12

Structural Information

# Buildings: 1
Detached/Attached: Detached
Stories/Levels: 2
Building Size: 7920
Year Built: 1946

Unit Information

Units in Complex: 12

Lot Features

Lot Size (Sq. Ft.): 7,000
Potential Use: Investment
Zoning: 3900

Financial Considerations

Terms: All Cash, Conventional/Refinance

Disclosures and Reports

Special Conditions: Sale
Legal Description: OCEAN BEACH ADD NO 3 PB 2-81 LOT 10 BLK 86 LOT SIZE 50.000 X 140 OR 13204-1766 0287 1
Property ID: 02-42-03-009-6520

Listed and Sold by CBRE, Inc.

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— MLS# A11822861 —

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Price & Sales History for MLS# A11822861

Date

Details

Price

Change

Source

12/03/2025

Sold

$2,500,000

-15.25%

MLS

6/16/2025

Listed

$2,950,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 day ago

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5
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Updated 2 days ago

1
Bed
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Total Bath
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Price Reduced

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2
Beds
3
Total Baths
1,389
Sq. Ft.

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Condo
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2
Beds
3
Total Baths
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Sq. Ft.

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Sold

$2,650,000

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Condo
Closed
Updated 4 days ago

2
Beds
3
Total Baths
1,992
Sq. Ft.

Co-Sold by Brian Suarez

MLS# A11822861, Miami Beach, FL 33139 (MLS# A11822861) is a Apartment property that was sold at $2,500,000 on December 03, 2025. Want to learn more about MLS# A11822861? Do you have questions about finding other Apartment real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

MLS# A11822861 Miami Beach, FL 33139