1200 West Ave Miami Beach, FL 33139
This exceptional 1965-built apartment building, located at 1200 West Ave #6 in Miami Beach, Florida (33139), presents a unique investment opportunity. Currently configured as a private office space, this multifamily property offers stunning direct bay views. The asking price is $225,000. The unit is categorized as both an office and multifamily property, specifically an apartment building and apartment/condo. Its convenient Miami Beach location in Miami-Dade County provides easy access to the city's vibrant amenities. A significant advantage is the inclusion of all utilities – cable, internet, and electricity – within the monthly maintenance fee, minimizing operational expenses for the owner. This makes it an attractive proposition for both owner-occupants seeking a prestigious office space with breathtaking views and investors looking for a potentially lucrative rental income stream in a high-demand location. The property's age suggests potential for renovation or modernization, offering further opportunities to enhance its value. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-situated, amenity-rich property in the heart of Miami Beach.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.