960 Biarritz Dr Miami Beach FL 33141 MLS #A11482435

960 Biarritz Dr
Miami Beach, FL, 33141
$3,430,000
Beds
0 Baths
6,574 SqFt
0 Acres
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960 Biarritz Drive is a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water and a 5 minute walk to the beach. North Beach is a growing market with a number of attractive retailers, restaurants, and new developments. All 14-units have tile flooring, full kitchens, and impact windows/doors. The property is being offered at a 6.13% existing cap rate and is fully leased with below market rents. The purchaser can likely increase rents. All leases have 60 day termination clauses.

Property Details

Price:
$3,430,000
MLS #:
A11482435
Status:
Active
Beds:
0
Baths:
0
Address:
960 Biarritz Dr
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami Beach
Listed Date:
Oct 20, 2023
State:
FL
Finished Sq Ft:
6,574
ZIP:
33141
Year Built:
1977
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2.5%%
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$31,118

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