Income 

Crespi Apartments 
640-650 85th Street &
725-735-755-785 84th Street
Miami Beach, FL  33141

 

Lot size: 56,683

Zoning: RM-1 Multi family

Allowable living area: 27,221

Sale Price: $5,500,000​

Closing Date: March 2016

 

7 Lots, 7 buildings, 4 units each building,
3 bedrooms each unit. 

Current NOI of $337,000 a year. The upside potential here is huge as these lots are all underdeveloped according to current zoning. Zoned RM-1 Multifamily low density with potential to more real estate or leave it as is and make a 6% Cap rate. 

74th & Harding Apartments 
7451 Harding Avenue
Miami Beach, FL  33141

 

Living area: 9,154

Zoning: CM-1 being used as Multi family

Lot size: 7,000

Sale Price: $3,349,500​

Closing Date: March 2015

 

Corner lot  apartment building close to business district in North Beach. The building consisted of 24 studio apartments. Transaction was closed using financing. Aquired by local real estate investor to add to his growing portfolio in North Beach, Miami Beach. 
8 units - multi family  
2047-2050 Lincoln Avenue
Opa Locka, FL  33054

 

Lot size: 9,600 sq ft

Living area: 5,325 sq ft

Sale Price: $330,000​

8 units , 2 buildings, 4 units each building. Great investment property. 
2 units - multi family  
3268 SW 23rd Terrace
Miami, FL  33145

Lot size: 7,500 sq ft

Living area: 1,818 sq ft

Sale Price: $335,000​

Duplex property for sale in a great area! Walking distance to Coral Way/Miracle Mile. Great investment property.

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Copyright 2017 TechieRealty & Michael Davalos, P.A. 

All information is deemed accurate and is obtained directly from sellers of properties and/or public records. All prospective buyers and buyers representatives are responsible for their own due dilligence and independent verification.