1000 7th St,Miami Beach, FL 33139
Miami Beach, FL 33139
Description
SELLER IS LOSING MONEY & MOTIVATED. Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!
Details
| MLS # | A11975610 |
|---|---|
| Listing Type | For Sale |
| Building Name | Orange Blossom Place |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 179 |
| Listing Provided By | Keller Williams Capital Realty | Ricky Kallabat PA |
Features
| SQ Feet | 7,868 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Zoning | 3900 |
| Acreage | 7500.00 |
Parking
| Parking Features | Assigned, Common, On Street |
|---|
Taxes
| Tax Annual Amount | 52096 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 42 |
| Listing VS Median (in 33139) | |
Price: $4,400,000 low | high Med: $60,625 sqft: 7,868 low | high Med: 2,645 $ / sqft: $559 low | high Med: $26 On site: 179 low | high Med: 142 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 42 |
| Listing VS Median (in 33139) | |
Price: $4,400,000 low | high Med: $60,625 sqft: 7,868 low | high Med: 2,645 $ / sqft: $559 low | high Med: $26 On site: 179 low | high Med: 142 | |
