20 Unit Apartment Building in Miami Beach
7315 Carlyle Avenue, Miami Beach, FL, USA
Property Description
Investment Highlights
Centrally Located in Historical District
Significant improvements already completed
Spacious Floor Plans
Executive Summary
Renovated multifamily property for sale in prime Miami Beach location! All 20-units are spacious floor plans with both one and two bedrooms. Located in historic North Shore with a high walkability score & access to 202+ acres of neighborhood public parks. Residents enjoy modern renovations, picturesque impact resistant windows and lush landscaping. Building boasts strong rental demand with full occupancy even before immense public and private investments are made within walking distance. Over $150M of public investments in the neighborhood have already been invested or committed. Moreover, the new North Beach Town Center, located only 1000 feet away, is undergoing massive transformation with over $200M worth of new developments, offering a modern mix of retail, offices, & modern residences steps away.
Property Facts
Price $6,750,000
Price Per Unit $337,500
Sale Type Investment
Cap Rate 5.45%
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.34 AC
Building Size 15,000 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1951/2022
Opportunity Zone No
Unit Amenities
Cable Ready
Ceiling Fans
Kitchen
Refrigerator
Oven
Walk-In Closets
Dining Room
Site Amenities
Courtyard
Laundry Facilities
Zoning CodeRM-1, Miami Beach
Contact Agent
Property Details
Property Type
Multifamily
Bedrooms
Bathrooms
Size
Floors
Year Built
Property Location
7315 Carlyle Avenue, Miami Beach, FL, USA
