641 10th St ,Unimproved Multi Family (5+units), Ocean Beach Addn No 3 for Sale

641 10th St for Sale

Price $2,850,000.00

• Lot size 7000
• Year Build
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active With Contract

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11479959

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

Beach Area, Central Business District, City Location, Corner Lot, Less Than 1 Acre

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.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7808093,List Price:2850000,Listing Id:A11496483,Longitude:-80.134855,Mls Status:Active With Contract,Utilities:1:Natural Gas Connected,2:Sewer Connected,3:Water Connected,4:Electricity Available,5:Natural Gas Available,6:Sewer Available,7:Trash Removal,8:Water Available,Postal Code:33139,Street Name:10th St,Coordinates:1:25.7808093,Lot Features:1:Central Business District,2:City Location,3:Corner Lot,4:Less Than 1 Acre,Photos Count:27,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:138,Lot Size Acres:0.16,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2023-12-06,Parcel Number:02-42-03-009-1190,Property Type:Commercial Land,Street Number:641,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:144,List Office Name:Compass Florida, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5465,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:41067,Unparsed Address:641 10th St, Miami Beach FL 33139,Listing Agreement:Exclusive Right With Exception,Building Area Units:Square Feet,Lot Size Dimensions:144x41,Lot Size Square Feet:7000,M I A M I R E_ L P Amt Sq Ft:407.1429,Original List Price:3100000,Previous List Price:3100000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2023-12-06,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:641,Tax 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,Gross Scheduled Income:193000,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0%,M I A M I R E_ Internet Remarks:Fully occupied with 13 units, currently bringing in $193,500 annually. 8 Studio/efficiencies, 3 One Bedroom, 2 - 2 bedroom/1 bath.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-12-06,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,