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Buy a multi-family propertyat 410 Meridian Ave, Miami Beach, FL 33139

$4,250,000

$0/mo

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Multifamily

860 Days on market

A11321624 MLS ID

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About 410 Meridian Ave multi-family property

Extremely rare opportunity to develop a new commercial or residential building, hotel or townhomes in the most desirable south of fifth district (zoned C-PS2) . ***the adjacent double lot at 418 Meridian Ave just closed for $ 31 Mlns ***. Build a new 23 Suites boutique hotel, (as proposed in the renderings)or multiple condominium short term units, townhouses or a corporate headquarter. The current improvements on the site consist of two free-standing structures currently licensed for both: commercial and residential use.
Extremely rare opportunity to develop a new commercial or residential building, hotel or townhomes in the most desirable south of fifth district (zoned C-PS2) . ***the adjacent double lot at 418 Meridian Ave just closed for $ 31 Mlns ***. Build a new 23 Suites boutique hotel, (as proposed in the renderings)or multiple condominium short term units, townhouses or a corporate headquarter. The current improvements on the site consist of two free-standing structures currently licensed for both: commercial and residential use.

Property details

House

Architectural Style: Detached

Building Area Units: Square Feet

Building Name: OCEAN BEACH ADDN NO 3

Construction Materials: CBS Construction

Living Area Units: Square Feet

Stories: 2

Stories Total: 2

Structure Type: Quadruplex, Fourplex

Year Built: 1935

Year Built Details: Resale

Location

City: Miami Beach

Coordinates: "-80.1364688", "25.7738749"

County Or Parish: Miami-Dade County

Latitude: 25.7738749

Longitude: -80.1364688

MLS Area Major: Ocean Beach Addn No 3

Postal Code: 33139

Postal Code Plus 4: 6534

State Or Province: FL

Street Name: Meridian Ave

Street Number: 410

Street Number Numeric: 410

Subdivision Name: OCEAN BEACH ADDN NO 3

Unparsed Address: 410 Meridian Ave, Miami Beach FL 33139

Cooling

Cooling: Central Air

Cooling YN: t

Floors

Flooring: Wood

Heating

Heating: Electric

Heating YN: t

Listing

Listing Id: A11321624

Listing Terms: All Cash, Conventional

List Price: 4250000

Mls Status: Active

Number Of Units Total: 8

Rent Includes: Cable TV

Standard Status: Active

Lot

Lot Features: Less Than 1/4 Acre Lot

Lot Size Dimensions: 50x140

Lot Size Units: Square Feet

Property

Parcel Number: 02-42-03-009-5050

Property Sub Type: Quadruplex

Property Type: Residential Income

Parking

Parking Total: 3

Taxes

Tax Annual Amount: 45607

Tax Legal Description: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 5 BLK 75 LOT SIZE 50.000 X 140 OR 18990-1518 0200 1

Tax Year: 2022

Water

Water Source: "Other"

Monthly cost

Estimated monthly cost

$27,543/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,995,000

+$127,500

$4,122,500

Seller agent commission$127,500 (3%)*

$0 (0%)

Buyer agent commission$127,500 (3%)*

$127,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:32 p.m.

Data updated: Mar 16, 2023 at 8:27 p.m.

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