Miami Beach, FL

241 28th St, Miami Beach FL 33140

$3,750,000

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1932

Overview

Major Deal Alert - Faena District Investment Opportunity! Location, location, location: One block from the beach, this fully renovated 1930’s 2 story 4-plex is up for SALE with current CASH FLOW. The property consists of 4 separate units which each have 2 Bed 1 Bath. Each unit is 880 Sq Ft Living. Fully Furnished and Washer and Dryer. Property upgrades include hurricane impact windows, new plumbing, new electric, Central A/C, Water Heaters laundry room and on-site parking. 40 year certification passed! ***Commercial/HOTEL zoning. RM-2. Licensed to do Daily Rentals/AirBnB. Redevelopment play with city ordinances stating a maximum height of 75 feet. Assemblage Opportunity. Buy & Hold and wait for developer buy out. New luxury Developments One Block Away, ''29 Indian Creek ''

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