Overview

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  • Status: Closed
  • Parking No info
  • Size: No info
  • Price Per: $346.00 ft2/No info m2
  • Type: Commercial/Investment
  • Built: 1963
  • HOA: No info
  • MLS Number: RX-10517583
  • View No info
  • On Site: 2,022 days
  • Updated: 2022 Days Ago
  • Page Views: 5

FANTASTIC 10-UNIT APARTMENT BUILDING ON THE INTRACOASTAL. INCREDIBLE OPEN BAY VIEWS FROM THIS 2-STORY CBS BLDG W/2- 2/2'S AND 8- 1/1'S ON A LARGE 12,000 SF LOT ON A VERY PRIVATE AND TRANQUIL STREET. CONSISTENTLY FULLY RENTED, PROPERTY FEATURES UPSIDE AS SOME UNITS ARE RENOVATED & SOME OTHERS CAN BENEFIT FROM A UNIT IMPROVEMENT PROGRAM; RENTS CAN BE CONSIDERED LOWER FOR THE AREA. UNITS INDIVIDUALLY METERED FOR ELECTRIC; OWNER PAYS FOR WATER. CAN BE SOLD TOGETHER WITH A 16-UNIT IN SOUTH BEACH, PLEASE INQUIRE. PROPERTY IS ON A GROUND LEASE (EXPIRES 08/14/2055; RENT IS $2,500/YEAR) WHICH -IF DESIRED- CAN BE CANCELLED UPON CLOSING OF THE LOT & THE BUILDING, IF SOLD TO THE SAME BUYER. BUILDING IS OFFERED AT $1,500,000 AND LOT IS OFFERED SEPARATELY AT $1,000,000. SEE MORE IN SUPPLEMENT REMARKS.

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Price History

DateEventPriceChange RatePrice Per
06/04/2019Sold$1,400,000.0044.0%$193.85 ft2/$2,086.61 m2
03/31/2019Listed$2,500,000.00$346.16 ft2/$3,726.09 m2

Features

Property Details for 1850 S Treasure, North Bay Village, FL 33141

Commercial/Investment current status is Closed, 1850 S Treasure is a Commercial/Investment in , North Bay Village, FL 33141 with property MLS ID# RX-10517583. This Commercial/Investment has been listed on Best of Luxury Realty since June 05, 2019 and is currently priced at 2,500,000. This property was built in 1963.
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Area Specialist

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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the The Keyes Company. This listing has been viewed 5 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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