This 14-unit, 6,982 SF building, situated in the heart South Beach, Miami is a prime opportunity for those looking to invest in a piece of commercial real estate. Nestled in the lively neighborhood of Flamingo, tenants will have no shortage of activities in which they can spend their free time, Potential tenants will be able to enjoy close beach access (10-minute walk), as well as a variety of outstanding restaurants, bars, shops, museums, art galleries, and the well renowned Art Deco Historic District. Apart from your typical city activities, the property is also within a two-minute walk to Flamingo Park which has a pool, playground, basketball and tennis courts, and couple of sports fields. The apartment building, which was renovated in 2014 and has a current 40 year recertification.
Listed by:
Douglas Elliman
Source:
MIAMI MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Feb 15, 2024 | 9 mos ago | Price decreased150,001 (4%) | $3,999,999 |
Dec 21, 2023 | 10 mos ago | Price decreased100,000 (2%) | $4,150,000 |
Sep 26, 2023 | 1 yr ago | Price decreased400,000 (9%) | $4,250,000 |
Jul 14, 2023 | 1 yr ago | New on market | $4,650,000 |