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Miami Beach · Residential Income

1170 71ST Street, Miami Beach FL 33141

$1,299,000

Bedrooms

Bathrooms

0

Living Area

3,759 sqft

Status

Active

About This Property

Investment opportunity in Miami Beach's desirable North Beach neighborhood. This four-unit multifamily property is 3,759 square feet under air with a 2 year old roof. The unit mix includes one 3-bedroom, 2-bathroom first floor unit and three 1-bedroom, 1-bathroom apartments on the second floor. Separate electric meters, common coin operated laundry area and established rental income provide a solid foundation for investors. 1 water meter. Conveniently located near Normandy Isle, beaches, shopping, restaurants and public transportation. A great opportunity to own an income-producing property in Miami Beach with strong long-term potential. 3 long term tenants on month to month leases and one annual lease. See attachment for leases.

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