Basic Information

  • MLS # A11288998
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex OCEAN BEACH ADDN NO 3
  • Year Built 1930
  • Total Sqft 4,726
  • Date Listed 10/17/2022
  • Days on Market 172
Description

$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity to own an Old World Mediterranean Masterpiece. They don't build them like this anymore! Mid-Century European meets Art Deco in this completely gated & restored 4 units, 2 buildings, a large (7000 SFT) lot, the most beautiful tree lined street! Renovations include new AC, modern kitchens & baths, hardwood floors and impact windows. EVERYTHING is done, you won't need to spend a dime for a long time. 40 year done in 2020. All tenants on annual leases generating a 6%+ CAP RATE. New rents in the area justify a 6% increase which pushes that over 7%. 6 blocks from Lincoln, Ocean & S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER MUST SIGN PERSONAL GUARANTY FOR FINANCING..

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features Porch, Patio
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 4,726Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile, Wood
  • Heating Description Electric
  • Sqft 4,726 Sq.Ft

Property Features

  • Address 935 Meridian Ave
  • Aprox. Lot Size 4,726
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info OCEAN BEACH ADDN NO 3
  • Tax Amount $21,476
  • Tax Legal desc OCEAN BEACH ADD NO 3 PB 2-81 LOT 13 BLK 61 LOT SIZE 7000 SQ FT OR 25546-1865 0407 1
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

935 Meridian Ave

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty. tel: 305-662-7325

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