611 74 St, Miami Beach, FL 33141
- Small apartment buildings
- 3,616 SF
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 611 74 St
- Year built
- 1948
- Property type
- Small apartment buildings
Description
This fully renovated, 4-unit apartment building presents a compelling investment opportunity in Miami Beach's desirable North Beach neighborhood. Located at 611 74th Street, just blocks from Collins Avenue, this two-story building boasts 3,616 square feet of living space, constructed in 1948. Each of the four units offers approximately 860 square feet, featuring two bedrooms and one bathroom. Recent renovations include new flooring, hurricane impact windows and doors, and split individual AC units. The units also benefit from new stainless steel appliances and open-concept kitchens. A shared washer and dryer is conveniently located for all tenants. The property also includes a well-maintained garden. All four units are currently occupied, providing immediate rental income. The building has undergone a 40-year certification, minimizing future maintenance and rehabilitation costs. North Beach is a thriving area experiencing strong rental demand and significant community growth, making this a highly attractive investment with excellent potential for long-term appreciation. The asking price for this turnkey property is $1,500,000.
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Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1251107
- Latitude
- 25.8595604
