$2,740,000
$2,850,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
7,272 SqFt
SOLD DATE : 11/19/2024
Key Details
Sold Price $2,740,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,272 sqft
Price per Sqft $376
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11479959
Sold Date 11/19/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $41,067
Tax Year 2023
Contingent No Contingencies
Property Description
Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings
connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.
Location
State FL
County Miami-dade
Community Ocean Beach Addn No 3
Area 42
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other, Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Barrel,Other
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-42-03-009-1190
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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