$2,740,000
$2,850,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 11/19/2024
Key Details
Sold Price $2,740,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11496483
Sold Date 11/19/24
HOA Y/N No
Annual Tax Amount $41,067
Tax Year 2023
Contingent No Contingencies
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 144x41
Property Description
Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.
Location
State FL
County Miami-dade
Community Ocean Beach Addn No 3
Area 42
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 02-42-03-009-1190
Financing Conventional
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