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1536 Michigan Avenue

Miami Beach, FL 33139
  • $3,298,000
  • STATUS: Active
  • ON SITE: 293 Days
  • MLS #: RX-10851559
UPDATED: 56 min ago
$3,298,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,030
    SQFT
  • $1,088
    $/SQFT
Neighborhood:
Lincoln Sub
Type:
Multi-Family
Built:
1939
County:
Miami-Dade
Area:
Miami Beach

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Description

Unique property ideally located in one of the most sought-after residential neighborhoods in Miami Beach.Close to the beach and within walking distance to South Beach shops, restaurants, Ocean Drive, Lincoln Road and Flamingo Park. The existing building created in 1939 boast 3030 sqft on 2 floors and as the distinctive Miami Beach architectural charm. It is built on a large lot of 8000 sqft that may offer plenty of space for expansion for a pool or a new development.Enjoy the best urban lifestyle that Miami Beach has to offer by making this your perfect home or transforming this exclusive property into a Luxurious rental complex!

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www.suarezmiami.com/homes/135370194
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1536 Michigan Avenue Miami Beach, FL 33139

  • Price: $3,298,000
  • Status: Active
  • On Site: 293 Days
  • Updated: 56 min ago
  • MLS #: RX-10851559
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,030
SQFT
$1,088
$/SQFT
1939
Built
Neighborhood:
Lincoln Sub
County:
Miami-Dade
Area:
Miami Beach
Property Description
Unique property ideally located in one of the most sought-after residential neighborhoods in Miami Beach.Close to the beach and within walking distance to South Beach shops, restaurants, Ocean Drive, Lincoln Road and Flamingo Park. The existing building created in 1939 boast 3030 sqft on 2 floors and as the distinctive Miami Beach architectural charm. It is built on a large lot of 8000 sqft that may offer plenty of space for expansion for a pool or a new development.Enjoy the best urban lifestyle that Miami Beach has to offer by making this your perfect home or transforming this exclusive property into a Luxurious rental complex!
Exterior Features

Carport Spaces 0.00 Construction ConcreteFrame Exterior Features Auto SprinklerRoom For Pool Lot Description < 1/4 Acre Lot Dimensions 8000 Private Pool YN No Roof Flat Tile Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Wood Floor Heating Central Unit1 Bedrooms 1 Unit1 Desc KitchenRange - Electric Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 700 Unit2 Bedrooms 1 Unit2 Desc Kitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 700 Unit3 Bedrooms 2 Unit3 Desc Kitchen Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 750 Unit4 Bedrooms 1 Unit4 Desc Kitchen Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 700

Property Features

Annual Net Operating Income 80000.00 Annual Total Expenses 50000.00 Auction No Available Info Deposit Last Month Built Desc Resale Gated Community No Gross Operating Income 130000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes SewerTrash RemovalWater Multifamily Type Quad Plex REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 3030.00 Subdivision Amenities BasketballBike - JogParkPicnic AreaTennis Tax Amount 26745.20 Tax Year 2022 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventionalOwner Unit1 Monthly Income 2500.00 Unit2 Monthly Income 2500.00 Unit3 Monthly Income 2500.00 Unit4 Monthly Income 2500.00 Utilities CablePublic Sewer Zoning Rm1

Listing provided courtesy of The Corcoran Group: . Listing information © 2023 BeachesMLS
 
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The Suarez Team at London Foster Realty
407 Lincoln Rd., Ste 10G
Miami Beach FL, 33139