Income/MultiFamily

625 75th St

Miami Beach, FL 33141

$2,100,000

Año de construcción: 1951

Propiedad cortesía de Antonio Saladrigas, Fausto Commercial Realty Consultants Inc

Acerca de esta casa

625 75th Street is a fully modernized, two-story, six-unit multifamily asset situated on a 5,500 SF parcel in the North Beach submarket of Miami Beach. Comprising 3,400 adjusted square feet, the property features an efficient unit mix of four 1-bedroom/1-bathroom units and two studio residences. The building has undergone substantial capital expenditures, including complete upgrades to both the electrical and plumbing systems, along with full-building hurricane impact windows and doors, minimizing near-term deferred maintenance for incoming ownership.

Zoned RM-1 (Residential Multifamily, Low Density) under the Miami Beach Land Development Code, the property provides immediate cash flow stability backed by high tenant retention and severe local rental housing supply constraints. Positioned within walking distance to the beach, the North Beach Oceanside Park, and major transit corridors connecting to mainland Miami, the asset represents a turnkey, low-maintenance holding for 1031-exchange investors or private capital seeking insulated coastal real estate fundamentals.

Detalles

Property

Type: Income/MultiFamily
Año de construcción: 1951
Lot size: 5.500 pies²
County: Miami-Dade County
Flood zone: AE

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