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Multi Family at 1000 7th Street
For Sale
$4,450,000
128 days on market

Multi Family at 1000 7th Street

1000 7th Street, Miami Beach, FL 33139

🏢 Commercial Property Built 1951

SELLER IS LOSING MONEY & MOTIVATED. Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!

$4,450,000
Commercial · Miami Beach

Listed by: Ricky Kallabat 305-747-5117, Keller Williams Capital Realty

Source: MIAMI REALTORS® MLS · MLS# A11975610

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About this 0-bedroom home in Miami Beach

This Miami Beach home sits about 0.42 miles from Chabad In South Beach (Orthodox) — roughly a 8-minute walk. On ShulSearch every nearby listing is ranked by walk time to shul, so you can find a home in Miami Beach that's genuinely within walking distance of your community.

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