Great investment opportunity with this multifamily located just two blocks from the ocean in miami beach, fl. Well-maintained, 3,040 total sf, and has 5 units (2 – studios, 1- one bedroom/ 1 bath, 1 two bedroom/ 1 bath and 1 three bedroom/ 2 baths). Strong rental income potential, this property holds a grandfathered hotel license, allowing for both long-term tenants and short-term rental operators on a 12-month lease. Property has been renovated with european kitchens with white quartz counter tops, stainless steel appliances, porcelain floors, impact windows and doors, spacious balcony on the upstairs unit, lots of closets and all windows have brand new modern blinds. 40-year certification on hand. There is a laundry facility and bike parking area available on-site. Wifi.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.18 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.26 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.49 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.54 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.62 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.41 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.47 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.89 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.49 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.85 mi |
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