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1850 S Treasure Drive, North Bay Village, Florida

$1,700,00010 BathsActive

1850 S Treasure Drive, North Bay Village, Florida 33141
- MLS® ID: RX-10347484

Property Details

1850 S Treasure Drive, North Bay Village, Florida 33141 - FANTASTIC 10-UNIT APARTMENT BUILDING ON THE INTRACOASTAL. INCREDIBLE OPEN BAY VIEWS FROM THIS 2-STORY CBS BUILDING CONSISTING OF 2- 2/2'S AND 8- 1/1'S ON A LARGE 12,000 SF LOT ON A VERY PRIVATE AND TRANQUIL STREET. CONSISTENTLY FULLY RENTED, THE PROPERTY FEATURES UPSIDE AS SOME UNITS ARE RENOVATED AND SOME OTHERS CAN BENEFIT FROM A UNIT IMPROVEMENT PROGRAM; STILL, ALL HAVE RENTS THAT CAN BE CONSIDERED LOWER FOR THE AREA. THE UNITS ARE INDIVIDUALLY METERED FOR ELECTRIC WHILE THE OWNER PAYS FOR WATER BILLS. PROPERTY IS ON A GROUND LEASE; EXPIRES 08/14/2055; RENT IS $2,500/YEAR.LOCATED IN BEAUTIFUL NORTH BAY VILLAGE, THE PROPERTY IS ON A TRANQUIL STREET, JUST 2 BLOCKS AWAY FROM NE 79th ST/NORMANDY DR. FROM THERE, IT CONNECTS MIAMI TO MIAMI BEACH MAKING THE PROPERTY ACCESSIBLE TO ALL THE

Amenities

  • Zip33141
  • CountyMiami-Dade
  • SQFT7222
  • Full baths10.00
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeRM-70
  • Year built1963
  • Lot size0.28
  • WaterfrontYes
  • HeatingOther
  • CoolingWall-Win A/C
  • Tax amount$21,159.80
  • Tax year2016
  • MLS® IDRX-10347484
  • MLS® nameRAPB

Listing Courtesy of The Keyes Company

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