Basic Information

  • MLS # A11822861
  • Type Commercial
  • Status
  • Subdivision/Complex
  • Year Built 1946
  • Total Sqft 7,000
  • Date Listed 06/16/2025
  • Days on Market 6
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.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 7,000
  • Sqft 7,000

Property Features

  • Aprox. Lot Size 7,000
  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Year 0

715 Michigan Ave

Miami Beach, FL 33139

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