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: 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.

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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

Buyer/Tenant Etiquette
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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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