759 Meridian Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
Commercial Sale
Active
759 Meridian Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
759 Meridian Ave, Miami Beach FL 33139
Overview
- Income/MultiFamily
- 1968
Description
Prime Investment Opportunity in South Beach! This income-producing 5-unit boutique building sits on a corner lot at Meridian Ave and 8th Street, one of the most picturesque and desirable locations in Miami Beach. Offering tremendous upside potential, the property is zoned 4900 Multi-Family with a FAR of 1.25, allowing for up to 5,250 sq. ft. of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in South Beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after South of Fifth neighborhood
Address
Open on Google Maps- Address Meridian Ave
- City Miami Beach
- State/county Miami-Dade County
- Zip/Postal Code 33139
Details
Updated on December 20, 2024 at 3:21 am- Price: $1,950,000
- Year Built: 1968
- Property Type: Income/MultiFamily
- Property Status: Commercial Sale
Additional details
- PublicSurveyRange: 42
- ShowingInstructions: Call Listing Agent,See Broker Remarks,Showing Assist
- ListAgentKey: 857399fa98f55a28bbcaebe25ea56833
- TaxLegalDescription: 759 BUILDING INC CONDOMINIUM
- OnMarketDate: 2024-12-19
- ListAgentEmail: [email protected]
- ContractStatusChangeDate: 2024-12-19
- MajorChangeTimestamp: 2024-12-19T21:00:49.330Z
- Flooring: Tile,Vinyl
- PhotosCount: 32
- Cooling: Wall/Window Unit(s)
- StatusChangeTimestamp: 2024-12-19T21:00:49.330Z
- SecurityFeatures: Security Lights
- FinancialDataSource: Accountant Provided,Owner Provided,Projected Pro-Forma
- PriceChangeTimestamp: 2024-12-18T19:51:25.640Z
- ListingKeyNumeric: 404686089
- MajorChangeType: New
- ListingContractDate: 2024-12-19
- Zoning: 4900
- ListAOR: A-Miami Association of REALTORS
- ListOfficeName: Cervera Real Estate Inc.
- OriginatingSystemKey: miamire
- BusinessType: Commercial/Residential Income,Condominium
- PhotosChangeTimestamp: 2024-12-19T21:02:11.734Z
- OriginatingSystemName: Miami Association of REALTORS®
- ListOfficePhone: 305-374-3434
- MlsStatus: Active
- StreetNumber: 759
- LeaseTerm: Annual Lease,Month To Month
- ListingKey: c0c37764da0ecaa9e2c02ea7f7f3fcd1
- StateOrProvince: FL
- ShowingContactType: Agent
- ListOfficeKey: 73f2965265ca19e6148b07391eca9b85
- Directions: From Alton Road, head east on 8th Street toward Meridian Avenue. The property is located on the corner of 8th Street and Meridian Avenue. Look for the boutique building with partially covered parking spaces.
- BridgeModificationTimestamp: 2024-12-20T01:00:53.777Z
- ListAgentFullName: Uri Redler
- Roof: Concrete
- ParkingTotal: 4
- ListAgentOfficePhone: 305-374-3434
- Stories: 2
- ParcelNumber: 02-42-03-070-0001
- ListingTerms: All Cash,Conventional/Refinance
- YearBuiltDetails: Resale
- OtherExpense: 0
- Possession: Funding
- LeaseConsideredYN: 1
- IDXParticipationYN: 1
- InternetAddressDisplayYN: 1
- ListAgentMlsId: 3348890
- WaterSource: Public
- StoriesTotal: 2
- ModificationTimestamp: 2024-12-20T01:00:08.000Z
- OriginatingSystemID: miamire
- DaysOnMarket: 0
- ListOfficeMlsId: CERN01
- ListAgentDirectPhone: 305-979-9963
- StreetNumberNumeric: 759
- ParkingFeatures: Assigned,Covered,Guest
- PostalCodePlus4: 6138
- NumberOfUnitsInCommunity: 5
- Sewer: Public Sanitation
- SyndicationRemarks: Prime Investment Opportunity in South Beach! This income-producing 5-unit boutique building sits on a corner lot at Meridian Ave and 8th Street, one of the most picturesque and desirable locations in Miami Beach. Offering tremendous upside potential, the property is zoned 4900 Multi-Family with a FAR of 1.25, allowing for up to 5,250 sq. ft. of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in South Beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after South of Fifth neighborhood
- Heating: Wall/Window Units
- StructureType: Free Standing
- ListAgentStateLicense: 3402657
- PublicSurveyTownship: 42
- StreetName: Meridian Ave
- ListOfficeFax: 305-374-6901
- ListingAgreement: Exclusive Right To Sell
- PublicSurveySection: 3
- WindowFeatures: Partial Impact Glass
- SpecialListingConditions: Sale
- NumberOfBuildings: 1
- OriginalListPrice: 1950000
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- BuildingFeatures: Exterior Lighting,Landscaped,Natural Gas,Outside Storage
- OriginalEntryTimestamp: 2024-12-19T21:00:49.330Z
- SourceSystemKey: 404686089
- Ownership: Corporation
- DocumentsAvailable: Aerial Photo(S),Deed,Copy Of Lease(S)
- ConstructionMaterials: CBS Construction
- LotSizeSquareFeet: 4200
- BuildingAreaTotal: 3200
Features
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