235 77th St Miami Beach, FL 33141

PROPERTY DESCRIPTION

MALIBU is an 8-unit apartment building in the heart of Miami Beach’s North Beach neighborhood neighborhood. It is a recently improved, cash -flowing asset in an unbeatable location. Located between Collins Avenue and Harding Avenue, MALIBU is less than a block from the beach in one of the fastest growing neighborhoods in Miami Beach. In -place rents are well under market value and can can be immediately immediately raised raised raised to reflect the high rental demand in North Beach. Most existing tenancy is on a monthly basis. MALIBU was originally operated as a 12 -unit building building and then converted to 8 units .There are 4 studios and 4 one -bedroom, 2-bathroom units. Zoning was recently approved approved for Short -Term Rentals .

PROPERTY DETAILS

  • Property Type: Commercial
  • Year Built: 1939
  • Lot Size: 2,700 SqFt
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  • Property Condition: Apartments
  • Cooling System: Wall/Window Unit Cooling
  • Heating: No Heat
  • Water: Public Water
  • Sewer: Public Sanitation
  • County: Miami-Dade County
  • Area: 32
  • Total Units: 8

MAP LOCATION FOR 235 77TH ST MIAMI BEACH, FL 33141

Directions: 77th Street between Haring Avenue and Collins Avenue on Miami Beach.

SIMILAR LISTINGS NEAR 235 77TH ST

$1,490,000

7124 BAY DR
Miami Beach, FL 33141

Listing courtesy of Whitehall Realty Advisors LLC

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