About 1000 7th Street
SELLER IS LOSING MONEY & MOTIVATED. Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!
Features of 1000 7th Street
| MLS® # | A11975610 |
|---|---|
| Price | $4,285,000 |
| Acres | 0.17 |
| Year Built | 1951 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Price Change |
Community Information
| Address | 1000 7th Street |
|---|---|
| Area | 2420 |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139 |
| HOPA | No Hopa |
Amenities
| Parking | Assigned, Common, On Street |
|---|
Interior
| Heating | Electric |
|---|---|
| Cooling | Central Individual |
| # of Stories | 2 |
Exterior
| Lot Description | Landscaped |
|---|---|
| Construction | Block |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Capital Realty |
|---|