Property Attributes
- MLS#A11479959
- TypeIncome
- CountyMIAMI-DADE
- CityMiami Beach
- Area42
- NeighborhoodOCEAN BEACH ADDN NO 3
- Zip33139
- StyleFourplex
- Year Built1930
- Taxes$ 41067
- Price$ 2,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7272
Data Source:
Southeast Florida MLS (SEFMLS)
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.
Price History | |
---|---|
11/16/2023 | Listed $3,100,000 |
1/18/2024 | 9% - $2,850,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | WallFurnace |
Cooling | WallWindowUnits |
Utilities | CableAvailable |
Possession | ClosingFunding |
Roof | Barrel,Other |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1930 |
Stories | 2 |
Levels | Two |
Property SubType | Quadruplex |
Tax Year | 2023 |
County | Miami-Dade County |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | OCEAN BEACH ADDN NO 3 |
Garage Y/N | No |
Rent Includes | Sewer,TrashCollection,Water |
Status | Active |
City | Miami Beach |
Buyer Agent Compensation | 2% |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | 3900 |
MLS Area | 42 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 10th St |
Listing Terms | Cash,Conventional |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 41067.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11479959 |
Days on Market | 158 |
Standard Status | Active |
Occupancy Description | CallAgent |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Miami Beach |
Legal Description | 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 9 BLK 43 LOT SIZE 50.000 X 140 OR 17809-1816 0196 4 |
Interior Features
Flooring | Other,Wood |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Total Parking | 0.0 |
Spa | No |
Building Area Total | 7272.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool