Investment in Miami Beach, United States

United States, Miami Beach
Archive cost €3,08M
Sold or out of date
Updated at: 22/10/2022

Location

Country: United States
State: American Samoa
Region: Miami-Dade County
City: Miami Beach
Address: Michigan Avenue

Description

940 jefferson avenue is an apartment building for 16 apartments, located in the very center of the southern beach. Built in 1940, the building was modernized and covers an area of 8,597 square feet on two floors. Real estate is 100% occupied with market rents in the amount of $ 1,300 per studio and $ 1,600 per unit of market rent for one bedroom - $ 264,000 per year of potential gross income. The building is in excellent condition, including a central air conditioning system, improved interiors, kitchen cabinets and countertops. 16 units are available free and clear. In addition, the owner sells another 16 apartments for 1101 Euclid Avenue. 940 Jefferson Avenue and 1101 euclid can be purchased together or separately.

Location

United States, Miami Beach