$8,000,000
Sunny Isles Beach, FL 33160
MLS# FX-10426180
13785 sqft
1 / 20
Property Description
Just reduced $200,000!!!! Incredible opportunity to acquire a 12-unit income-producing portfolio in highly desirable Sunny Isles Beach, Florida (owner have more units if needed or split this portfolio(no single units for sale)). All units located within multifamily 420-unit building that permits short Term Rentals. Units are Fully furnished, equipped and licensed for AirBnB, VRBO, Booking with the City of Sunny Isles and Condominium Association.The sale includes all the furnishing, equipment, electronics, decorations, supplies - anything that makes daily rentals possible.Full-service building features all amenities: heated pool, tennis courts, gym, mini-market, hair salon, boxing studio , valet service and 24h concierge.
Details
Contract Information
Listing Date: 2024-02-27
Status: Active
Original List Price: 8000000
List Price: $8,000,000
Current Price: $8,000,000
List Price/SqFt: 580.34
General Property Description
Type: Quad Plex
Total # of Units: 400
Property Condition: Resale
Year Built: 1972
Number of Stories: 16
SqFt - Total: 13785
SqFt - Living: 13785
Homeowners Assoc: Mandatory
Subdivision: OCEAN RESERVE CONDO
Development Name: OCEAN RESERVE
Waterfront: No
Private Pool: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 2220
County: Miami-Dade
Parcel ID: 31-22-02-048-3450
Street #: 19370
Street Name: Collins
Street Suffix: Avenue
Zip Code: 33160
Legal Desc: OCEAN RESERVE CONDO UNIT 1124 UNDIV 0.213768840% INT IN COMMON ELEMENTS OFF REC 24224-2071 24857-0285 COC 24468-3398 03
Geo Lat: 25.954941
Geo Lon: -80.122029
Unit 1 Info
Bedrooms: 17
Full Bath: 15
Half Bath: 5
SqFt: 13785
Monthly Income: 100
Unit 2 Info
Bedrooms: 2
Full Bath: 2
SqFt: 1549
Monthly Income: 100
Unit 3 Info
Bedrooms: 2
Full Bath: 2
SqFt: 1526
Monthly Income: 100
Unit 4 Info
Bedrooms: 2
Full Bath: 1
SqFt: 1005
Monthly Income: 100
Property Features
Construction: Block; Concrete
Private Pool Description: Heated
Lot Description: < 1/4 Acre
Exterior Features: Fence
Maintenance Fee Incl: Cable; Hot Water; Insurance-Other; Lawn Care; Pool Service; Sewer; Trash Removal; Water
Flooring: Wood Floor
Cooling: Central; Electric
Heating: Other
Roof: Mansard
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Other
Possession: Funding
Supplements
Each unit has Each unit has full kitchen and assigned parking space. Laundry Facilities are on each floor in Building. Cable, internet, Air Conditioner, hot and cold water are included in maintenance fees.Seller has excellent reviews on Bookong, AirBnB and vrboMore particular information to qualified Buyers with executed NDAs.
Listing Office: Grand Real Estate Company
Last Updated: February - 13 - 2025
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