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

1000 7TH ST #10, Miami Beach

$4,750,000 USD
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Address1000 7TH ST #10, Miami Beach
Building NameOCEAN BEACH ADDN NO 3
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$4,750,000
Previous Price$4,975,000 (44 days ago)
Property StatusActive
MLS NumberA11703069
Living Area7868
Year Built1951
Parking Space Number4
Folio Number02-42-03-009-7640
Zoning Information3900
Days on Market201

Detailed Description: ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6.5% INTEREST ONLY = Term 3 Years. 1.5 Points at close. 10 UNITS (7 2BR and 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 sq.ft) lot, most quiet, peaceful and 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 and dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1000 7TH ST
Section3
Zip Code (4 Digits)5995
Financial Information
Price$4,750,000
Price per Foot$0
Previous Price$4,975,000
Folio Number02-42-03-009-7640
Tax Amount$65,770
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6.5% INTEREST ONLY = Term 3 Years. 1.5 Points at close. 10 UNITS (7 2BR and 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 sq.ft) lot, most quiet, peaceful and 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 and dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done!
Roof DescriptionFlat Roof With Facade Front
Floor DescriptionMarble, Tile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area7868
Zoning Information3900
Year Built1951
Type of PropertyQuadruplex
StyleQuadruplex
Building NameOCEAN BEACH ADDN NO 3
Development NameOCEAN BEACH ADDN NO 3
Construction TypeCBS Construction
Stories Number2.000
Parking Space Number4
Listed withKeller Williams Capital Realty