Address
2425 Flamingo Pl Miami Beach, FL
Price
$ 2,800,000
Property Attributes
  • MLS#A10916888
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area32
  • Zip33140
  • StyleMultiFamily
  • Year Built1947
  • Taxes30304
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,280 SqFt
Listing Provided Courtesy Of:
Urban Resource LLC
Property Description

Multifamily Art-Deco gem built by Master Architect L. Murray Dixon, designer of Miami Beach's most iconic buildings including, The Raleigh, Tides and Victor Hotels. Located in one of Miami Beach's most desirable neighborhoods, this architectural beauty is a piece of Miami Beach History and incredible Investment. 12 Units comprised of 6 studios, 4 1 bedroom units and 2 1 bed/ 2 bath units. Fully occupied with long term tenants. The building was completely renovated in 2009 and features impact glass, in-unit washer/dryers and a zen-like courtyard. Incredible location walking distance to the beach, Lincoln Road, The Fillmore, Miami Beach Convention Center, schools and restaurants. Extremely attractively CAP rate above 5%. Rents have recently been increased. Financials Attached.

Price History
9/1/2020 Listed $2,800,000

General Features

Association Name North Beach Realty G
Cooling CentralAir
Flooring Wood
Heating Central, Electric
Levels Two
MLS Area 32
Parking Features OnStreet
Property SubType MultiFamily
Property Type CommercialSale
Roof Concrete
Security Features Fenced, SmokeDetectors
Sewer PublicSewer
Structure Type Apartment, MultiFamily
Terms Cash, Conventional
Total Units 12
Year Built Details Resale
Zoning Description 3900

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ImpactGlass

Exterior Features

Covered Spaces 0.0
Lot Size Area 8280.0
Lot Size Square Feet 8280.0
Lot Size Units SquareFeet
Number of Buildings 1
Number of Separate Electric Meters 12
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33140

Price
AVG $1.15M
$2.8M
Taxes
AVG $12,606
$30,304
Visits
AVG 53
66
Year Built
AVG 1965
1947
Walkscore
AVG 74
74
Data Provided by Walkscore ® not using MLS data

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