Address960 Biarritz Dr, Miami Beach, FL, 33141-5665
Price$3,430,000
- Commercial Sale
- Built in 1977
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.
Essential Information
- MLS® #A11482435
- Price$3,430,000
- Bathrooms0.00
- Acres0.00
- Year Built1977
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address960 Biarritz Dr
- Area32
- CityMiami Beach
- CountyMiami-Dade County
- StateFL
- Zip Code33141-5665
Additional Information
- Date ListedNovember 7th, 2023
- Days on Website185
Listing Details
- OfficeSTL Advisors, LLC
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