See Home Value
$1,766,844*
Multifamily - Off Market

125 shore drive

Miami Beach, FL 33141
bedrooms
Studio
bathrooms
0 Bath
$900,000 - $1,100,000
Reference Base Price*
76.68%
Since May 1, 2019
FL-Miami
Primary Model

About This Property

Beautifully renovated boutique building with 4 units and a large backyard. All units are 1/1 and are currently rented with yearly lease with security deposits. Building has been fully renovated, units are updated with new kitchen, new baths, split AC units, impact windows and washer/dryer in each unit. Two assigned parking spots per unit. Well maintained building with low operating expenses bring this investement property to a 4.7% net Cap Rate. Great potential groth with option to built an additional 4/5 unis on the property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$807
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold $1,660,000
Sold
Apr 18, 2019 No longer available -
No longer available
Sep 26, 2018 Listed $1,000,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,250 ft²
$864/ft²
$1,080,000 Apr 7, 2023
$1,080,000 Oct 2, 2023
$2,125/mo
Condo
3 Beds
2 Baths
1,667 ft²
$582/ft²
$970,000 Jun 1, 2023
$970,000 Sep 20, 2023
$2,008/mo
Condo
1 Bed
1 Bath
720 ft²
$1,354/ft²
$975,000 Jul 4, 2023
-
$2,712/mo
Condo
1 Bed
2 Baths
819 ft²
$1,342/ft²
$1,099,000 Sep 18, 2023
-
$1,564/mo
Condo
1 Bed
2 Baths
819 ft²
$1,056/ft²
$865,000 Sep 7, 2023
-
$645/mo
In Contract
Commercial
Loft
-
-
$1,175,000 Aug 12, 2023
-
$1,781/mo
Condo
3 Beds
3 Baths
1,650 ft²
$575/ft²
$949,000 Jul 19, 2023
-
$2,084/mo
Condo
2 Beds
2 Baths
1,180 ft²
$839/ft²
$990,000 Jun 20, 2023
-
$1,591/mo
Co-op
2 Beds
2 Baths
1,020 ft²
$956/ft²
$975,000 May 18, 2023
-
$1,742/mo
Condo
2 Beds
2 Baths
938 ft²
$1,118/ft²
$1,049,000 Jul 27, 2023
-
$2,310/mo
Condo
2 Beds
2 Baths
1,128 ft²
$842/ft²
$950,000 Aug 28, 2023
-
$2,174/mo
Condo
2 Beds
2 Baths
938 ft²
$1,012/ft²
$949,000 Aug 28, 2023
-
$2,095/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180926
09/26/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
Eric Cormouls Houles
New Wave Realty, LLC.

Building Info

125 South Shore Drive 125 South Shore Drive, Miami Beach, FL 33141
More about this Building
125 South Shore Drive
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About Normandy Shores


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