7746 Carlyle Ave Miami Beach, FL 33141

PROPERTY DESCRIPTION

Turn-key Investment Opportunity in hot North Beach! If you are looking for a hands off value play, this is it. This cash flowing corner property is surrounded by parks and positioned three blocks from the beach and just few minutes from the major employment centers in South Florida, including Downtown Miami, South Beach, and Bal Harbour. The city of Miami Beach is investing $100M into the development of North Beach and it is a great time to buy this stable, income-producing asset and ride the wave of growth that is about to take off in this area. This well managed property features all updated units including new kitchens & baths, new roof, and on-site laundry and separate electric meters. 40 year certification completed in 2015! This is truly a hands-off cash cow.

PROPERTY DETAILS

  • Property Type: Income
  • Year Built: 1951
  • Built Description: Income Non-Waterfront
  • Parking Type: Street Parking
  • Flooring: Terrazzo Floors, Tile Floors
  • Roof: Barrel Roof, Built-Up Roof
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  • Unit Levels Description: 1
  • Construction: CBS Construction, Other Construction
  • Property Condition: Apartments, Residential-Multi-Family
  • Property Description: Multi-family residential
  • Cooling System: Wall/Window Unit Cooling
  • Heating: Other, Wall/Window Units
  • Water: Public Water
  • Sewer: Public Sanitation
  • County: Miami-Dade County
  • Area: 32
  • Ownership: Limited Partnership
  • Trash: $7,081
  • Deposit: Last Month Rent, Security Deposit
  • Total Units: 6
  • Numer of Buildings: 1
  • Gross Operating Income: 83762
  • Net Operating Income: 63121

MAP LOCATION FOR 7746 CARLYLE AVE MIAMI BEACH, FL 33141

Directions: On corner of 78th St & Carlyle Av.

SIMILAR LISTINGS NEAR 7746 CARLYLE AVE

$1,100,000

8135 Crespi Blvd
Miami Beach, FL 33141

$1,125,000

6955 Rue Vendome
Miami Beach, FL 33141

Listing courtesy of Urban Resource Inc.

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