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$4,100,000

Est. payment - /mo

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7,868 SqFt

Price Dropped by $185K

1000 7th Street Miami Beach, FL 33139

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Jhaun Pryce

jhaun.pryce1@gmail.com +1(305) 912-8349

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,868 sqft

Price per Sqft $521

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11975535

Style Fourplex

HOA Y/N No

Year Built 1951

Annual Tax Amount $52,096

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants.

Location

State FL

County Miami-dade

Community Ocean Beach Addn No 3

Area 42

Zoning 3900

Interior

Heating Central

Cooling Central Air

Flooring Marble, Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront Description Bayfront

Roof Type Flat

Total Parking Spaces 4

Private Pool No

Building

Lot Description Flood Zone, < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type CBS (Concrete Block Structure),Block

Others

Tax ID 02-42-03-009-7641

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.zillow.com/view-imx/c2f7c312-c9d9-4285-9c27-0d1f22bef46d?setAttribution=mls&wl=true&initialViewType=pano

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Keller Williams Capital Realty

NEARBY SCHOOL & BUSINESS

+1(305) 912-8349

jhaun.pryce1@gmail.com

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