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House Miami Beach (United States)by annonceur international
House
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HouseMiami Beach (United States)
Price :
$1,368,800
($4,302 / m²)
Surface318 m²

Premium 4-unit multifamily value-add opportunity in the heart of North Beach. 7710 Carlyle Avenue is located 3 blocks from the Atlantic Ocean and 3 blocks from Biscayne Bay at the geographic center of Miami Beach's North Shore residential corridor. Built 1951, CBS construction, one-story, 3,425 SF on 5,650 SF lot. The building is fully occupied with stable tenants. Unit mix: (2) 2BR/1BA units + (2) 1BR/1BA units. Current rents are running 15-20% below comparable market rates, offering immediate upside potential through modest rent adjustments to market levels. NOI increase potential of approximately 20% at stabilized market rents. Quiet, tree-lined street walkable to the Bandshell, 71st Street Town Center, parks, and beach. North Beach is in early stages of major transformation—9+ development projects underway, new $53.8M civic complex approved, CRA established with taxable base growing 21% in first two years. Exceptional fundamentals. RM-1 zoning.
Advertiser reference : 115738363Le Figaro Properties reference : 102373611

Its assets

  • Air conditioning

In detail

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House Miami Beach (United States)

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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The data entered into this form is required to allow our partner to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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