Basic Information

  • MLS # A11823195
  • Type Commercial
  • Year Built 1941
  • Total Sqft 7,000
  • Date Listed 06/16/2025
  • Days on Market 1
Description

Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 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 Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.

Exterior Features

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

Interior Features

  • Adjusted Sqft 7,000Sq.Ft
  • Sqft 7,000 Sq.Ft

Property Features

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

1025 Meridian Ave

Miami Beach, FL 33139

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