Overview
Closing Costs Calculator- 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: 1,992 days
- Updated: 1991 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.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
06/04/2019 | Sold | $1,400,000.00 | 44.0% | $193.85 ft2/$2,086.61 m2 |
03/31/2019 | Listed | $2,500,000.00 | $346.16 ft2/$3,726.09 m2 |
Features
Property Details for 1850 S Treasure, North Bay Village, FL 33141
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Other
- Cooling Description: No info
- Building and Construction
- Floor Description: Other
- Windows/Treatment: No info
- Construction Type: Cbs
- Year Built: 1963
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: Intracoastal, Seawall
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: MultiFamily (5+ Units)
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 03/31/2019
- Closing Date: 06/04/2019
- Area: 2320
- Brokered By: The Keyes Company
- Legal Description: 9 53 42 TREASURE ISL 1ST ADDN PORT OF TR B PB 57-6 LOT 18 BLK 8 LOT SIZE 80.000 X 150 OR 4249-679/19238-4390 08 1964
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $23,415.00 (2018)
- Type of building: Income, Resident. Multi-fam.
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: 10 U N I T M U L T I F A M I L Y
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: 10
- Number of Floors: No info
- Number of Stories: 2
- Zoning Information: R M-40
- Total Acreage: 0.28
- Acreage Description: No info