Address
641 10th St, Miami Beach, FL
Price
$ 2,850,000
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

Property vs Income Average in 33139

Price
AVG $4.3M
$2.85M
Taxes
AVG $35,417
$41,067
Visits
AVG 210
361
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1930
Walkscore
AVG 95
96
Data Provided by Walkscore® not using MLS data

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