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AAA Location 196 Units Property Building

Price: $75,000,000


 This incredible opportunity in Sunny Isles Beach offers the chance to purchase two buildings with a total of 196 units and condo control over 147 of them. The property is located on 3.97 acres of land, which is a super rare find in the area. The pool can be purchased anywhere between $550-600 per foot, with rents climbing over $2 per square foot and a minimum rent starting in the $2000s. The sellers are offering a leaseback program to stay in their units for another year with an annual lease, and there’s also the possibility of paying off upfront at the closing. The property is located exactly behind the parking lot for a former Rascal House diner, which was later turned into the Epicure super market and is now vacant. The city has approved the location for a high-rise building. The board and majority of unit owners are eager to sell, and the property includes 70 1/1 units at 546 square feet, 98 1/1/1 units at 756 square feet, 18 2/1.2 units at 801 square feet, and 10 2/2 units at 940 square feet. This deal can be yours for $75-80 million. 

196 Units Property Building Photo Gallery

    N Ocean Dr - Hollywood Beach Private Marina

    Price: $7,900,000

     

    FOR SALE MARINA WITH SHORT TERM RENTAL UNITS .
    $7,900,000 ($453.40/SF)

    • Hard to Find Mini-Marina Resort with 334 Feet of Highway & Waterway commercial frontage 8 Slips for 45' to 75' Yachts or fit 16 smaller rental boats.

    The four-lot marina features eight large boat slips that can accommodate 40’ to 60’ yachts as well as a six-bedroom mansion and four apartments.

    HOTEL WITH 23 Units, Miami, Florida

    Price: $5,300,000‍*CASH & HARD MONEY BUYERS ONLY*

     

     11102 Biscayne Blvd Miami, FL 33181 

     Type: HOTEL
    Bed: 23 Beds
    Living Area: 9979 Sq. Ft
    Year Built: 1951
    AC: WINDOW UNITS
    Construction Type: CBS
    Status: Off Market‍----------------‍

    THIS HOTEL WITH 23 KEYS IS LOCATED AT 11102 NE BISCAYNE BOULEVARD (U.S 1), MIAMI, FLORIDA 33181.

    PER THE SELLER AND WITHOUT P&Ls IN MY HANDS, THE NET OPERATING INCOME  IS IN EXCESS OF $400,000 ANNUALLY. THE BUYER WILL GET EVERY SINGLE OUNCE OF FINANCIALS AND DUE DILIGENCE INFORMATION AND DOCUMENTATION  DUE TO THE BUYER.

    ---------------

    TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO.  THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. 

    427 NW 19th Ave. Fort Lauderdale, Florida 33311

    Price: $309,900

    •  ‍3  Bedroom
    •  1.5  Bathroom
    •  1524 SF
    •  built 1954
    •  cbs. Roof in Good Condition 2013
    •  5 A/C Window Units
    •  Minor Rehab Needed
    • No HOA
    • Vacant


    2809 SW 6th St. Fort Lauderdale, Florida 33311

    Price: $309,000

    • 4 Bedsrooms
    • 2 Bathrooms
    • 1316 Sq Ft
    •  cbs. Central a/c. 
    • Needs New Interior

    9 Units | Multifamily Property Fort Lauderdale, FL

    Price: $2,061,000

    PRICE PER UNIT

    $229,000

    PRICE PER SF

    $311.33

    NOI

    $92,112 RSF

    NUMBER OF UNITS

    9

    BUILDING SIZE

    6,620 SF

    CAP RATE

    4.47%

    LAND AREA

    0.856 Acres

    YEAR BUILT

    1951

    14 Units Miami Beach, Florida

    Price: $3,300,000

       

    Miami Beach 

     

     

    Excellent Normandy Isle Location

    Renovated Units

    Impact Resistant Windows and Doors

    Upside in Rental Income

    Walking Distance from North Beach, Public Transportation, Restaurants, Shops and Grocery Stores

    ‍

    Listing Price: $3,300,000

    Cap Rate 4.71%

    Number of Units 14

    Occupancy 97.0%

    Price/Unit $235,714

    Price/Gross SF $501.98

    Gross SF 6,574

    ‍

    PLAZA FOR SALE Miami, Florida

    Price: $11,750,000

     

     SOUTH MIAMI RETAIL 

     

     The newly renovated retail plaza is nearly fully leased with a co-tenancy which includes Salty Donut, Pura Vida and Fox's Sherron Inn. The property is comprised of approximately 10,815 SF between three retail buildings with a total lot size of approximately 17,530 SF. The property benefits from optimal high visibility and provides easy access to both pedestrian and vehicle traffic. The two retail buildings have an outdoor courtyard in the center perfect for hosting patrons.

    The Property is located in South Miami on US1 at the gateway to Downtown with close access to the South Miami Metro Rail Station. It is 5 min away from the University of Miami and a few blocks from the Shops at Sunset Place, the Plaza San Remo and the newly build student housing The Standard.

    SUMMARY

    ‍

    SALE PRICE $11,750,000

    ‍PRICE/SF $1,086

    ‍BUILDING SIZE 10,815 SF

    ‍LOT SIZE 17,530 SF

    ‍CAP RATE 6.11%

    HIGHLIGHTS

    • Iconic New Construction NNN Retail
    • Prime Downtown South Miami Location
    • Best In Class Tenants
    • Quality Demographics
    • Outstanding Visibility and Access with Ample Parking

    ADDITIONAL PHOTOS

    Grand Reserve Condos 48 out of 384 Units Tampa, Florida

    Price: $8,160,000

     

    Tampa, Florida

    ‍

    SALE PRICE

    $8,160,000

    PRICE PER UNIT

    $170,000

    PRICE PER SF

    $173.88

    ‍

    ‍

    INVESTMENT HIGHLIGHTS

    • 48-Unit Condo Portfolio out of 384-Unit Condo Community in Tampa, FL
    • Significant Upside with $41,000+ in Proven Loss-to-Lease, and $205+ Per Month in Average Rental Upside through Pro Forma Mark-to-Market Opportunity
    • Located in the Highly Desirable Carrollwood Suburb, Just 10-20 Minutes North of the Westshore Business District and Downtown Tampa
    • 1988-Vintage Garden Style Gated Community with Modern Amenities
    • 87.5% Two-Bedroom Two-Bathroom Floor Plans with In-Unit Washer/Dryer Connections
    • Excellent Opportunity to Implement Programmatic Light Value-Add as Majority of Interiors Feature a Mix of Upgrades to Cabinets, Flooring, Countertops, and Appliances
    • Amenities Include Clubhouse, Swimming Pool, Fitness Center, Tennis Courts, Laundry Facilities (W/D Connections in 2BR Units), Walking Trails, Gated Access & Assigned Parking

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