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Fantastic 16-unit corner cbs apartment building on 7th street in the best area in south beach. This desirable 2-story building is comprised of 2 1/1's and 14 efficiency units. Located in between euclid ave and meridian ave, the property resides in a high demand location and is consistently fully occupied. The building features upside as while some units are renovated, some can still benefit from a unit improvement program, however rents are low for the area. The property is on a ground lease; expires 09/30/2056; rent is $1, 800/year. It can be sold individually or combined with a 10-unit open bay intracoastal multifamily building in north bay village if looking to own two excellent assets in very sought after areas.The property is in a very unique location in the south beach area of

Property Details of 710 7 Street

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Listed by Federico Rochwerger of The Keyes Company

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