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Description
NO Condo Fees. Rare opportunity to acquire three residences within a boutique four unit MiMo style building on a corner lot on West Avenue in South Beach. Offering flexible options for end users, investors, or multigenerational living, the property allows the ability to live in one residence while generating income from the others, create a live and work environment, or secure a long term value added investment. The building consists of four residences in total, with three oversized 2 bedroom, 2 bathroom units currently being offered for sale. Each residence is just under 1,200 square feet featuring spacious living areas, large dine in kitchens, flexible Florida rooms ideal for office, den, or additional living space, private front and rear entrances, and 3 onsite parking spaces. One unit is currently vacant, while two are occupied by long term tenants on month to month, providing immediate flexibility and income potential. Major capital improvements have already been completed, including a 10 year old roof, updated electrical and plumbing systems, impact windows, Central AC, tankless water heaters, and completed 40 year recertification. A comparable unit within the building recently leased for $3,150 per month, supporting strong rental demand in the area. Located just minutes from the beach, parks, cafés, restaurants, shopping, and everyday conveniences, This is a rare Miami Beach opportunity. Units may be available for individual sale
Property highlights
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