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$4,000,000
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Property Description
Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. 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. The property has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Full Property Details
Full Property Details for MLS# A11823186
General
- Sold For: $4,000,000
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11823186
- Added to Site: 264 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 20
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 3
- Building Size: 11900
- Year Built: 1925
Unit Information
- Units in Complex: 20
Lot Features
- Lot Size (Sq. Ft.): 10,500
- Potential Use: Investment
- Zoning: 3900
Financial Considerations
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 11 & N1/2 LOT 10 BLK 69 LOT SIZE 75.000 X 140 OR 21291-4404 05 2003 1
- Property ID: 02-42-03-009-4310
Listed by CBRE, Inc.
Sold by Doric Realty
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Price & Sales History for MLS# A11823186
Date
Details
Price
Change
Source
12/10/2025
Sold
$4,000,000
-13.04%
MLS
6/16/2025
Listed
$4,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# A11823186, Miami Beach, FL 33139 (MLS# A11823186) is a Apartment property that was sold at $4,000,000 on December 10, 2025. Want to learn more about MLS# A11823186? 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.

