Description

LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 1/22/2025 1:00:00 AM