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960 Biarritz Dr

Miami Beach, FL 33141

$3,430,000 -1.72%

 


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0 f2

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Esther Percal

Esther Percal

Senior Vice President

305.674.4022


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Property Details

MLS #
A11482435
Address
960 BIARRITZ DR
Bedrooms
0
Bathrooms
0
Living Area (f2)
0
Living Area (m2)
0
Lot Size (f2)
6,250
Status
Active
Listing Type
Single/Family
Waterfront
Year Built
1977
Days On Market
192
Pool
Parking Spaces
0

Property Description

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 Amenities

Map Location

Similar Properties Closed in the Area

Sales Data is for the past 6 Months
Unit # Closed Date Sold Price List Price Beds Baths
05/17/2024 $685,000 $685,000 4 2
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517 05/16/2024 $2,450 $2,450 1 1
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H-207 05/16/2024 $1,850 $1,850 1 1
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