641 10th St

Miami Beach,FL 33139

$ 2850000

- Bed

0 Bath

7272 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,272 sqft

Price per Sqft $391

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11479959

Style Fourplex

Year Built 1930

Annual Tax Amount $41,067

Tax Year 2023

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

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other,Wood

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Barrel,Other

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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