Ocean Beach 1000 7th St Miami Beach, FL 33139

FOR SALE - Active
$4,750,000
$4,975,000 (4.5%)
Studio
Beds
7,868
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 7,868 ft2/730.96 m2
  • Price Per: $603.71 ft2/$6,498.30 m2
  • Type: Multifamily
  • Built: 1951
  • HOA: No info
  • MLS Number: A11703069
  • View No info
  • On Site: 62 days
  • Updated: Listing Refreshed: 2 Days Ago

ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6.5% INTEREST ONLY = Term 3 Years. 1.5 Points at close. 10 UNITS (7 2BR & 3 1BR)= RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! 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! 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!

Price History

DateEventPriceChange RatePrice Per
02/11/2025Price Reduced$4,750,000.004.5%$603.71 ft2/$6,498.30 m2
12/13/2024Listed$4,975,000.00$632.31 ft2/$6,806.11 m2

Contact Information

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