Offered at a 6. 5% proforma cap, the property is currently 100% occupied. 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. The property has 15 studios, 3 2br/1ba and 2 2br/2ba. It has over $930,000 in combined capex between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Gladys Martinez - Real Estate Sales AssociateCompass Florida, LLC.
Gladys Martinez is a real estate agent affiliated with Compass Florida, LLC.. Compass Florida, LLC. is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
