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Miami Beach, FL 33139
Oferta:
En venta
Ubicación:
Miami Beach, FL 33139
Estado:
En venta
$4,250,000
Detalles
Año de construcción:
1950
Tamaño del terreno:
7,500 pies²
Niveles:
Dos plantas
Plantas:
2
Días en el mercado:
22
Tipo:
Multifamiliar
MLS ID
A12037045
Tour virtual:
Publicado por:
CBRE, Inc. (CINC01)
Listing office phone:
Listing office email:
Agente del listado:
Periklis Synanidis (3363966)
Descripción
1535 West Ave is an exceptionally rare, fully gut-renovated multifamily asset in the heart of South Beach. Simply put, the Property represents one of the most comprehensively upgraded Art Deco multifamily offerings currently
available in this highly sought-after market.
In addition, a sister property located at 733 Michigan Avenue—comprised of 10 similarly renovated units—is available for acquisition either individually or as part of a portfolio, providing investors with immediate scale and operational efficiencies.
Ownership has invested over $800,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 1535 West Ave consists of four (4) 2-bedroom / 1-bathroom units averaging $3,140 in current rents and four (4) 3-bedroom / 2-bathroom units averaging $4,463, all secured under 12-month leases. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offering an additional monetization pathway.
Strategically located at the epicenter of South Beach, the Property benefits from immediate proximity to the area’s premier demand drivers, including Lincoln Road, Ocean Drive, Collins Avenue, and Washington Avenue. South Beach remains one of the most supply-constrained multifamily submarkets in the United States, with significant barriers to entry and enduring global appeal.
Historial de precios
$4,250,000 → $4,250,000
· 1 cambios de precio
Ubicación
Miami Beach, FL 33139 Address hidden at the seller's request.Información del MLS
Last updated Jul 7, 2026
Deemed reliable but not guaranteed.
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