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Miami Beach, FL 8-unit multifamily apartment building plus ability to build 2 to 4 or 5 additional units on the in the back. The Agapi Apartments is a value-add play to build addition income while holding the current income. Not zoned for Short term rentals. Property is 8 units: a mix of 4 - One beds & 4 - furnished studios. Comes with a storage shed in back & 5 parking spaces. Please see attached P&L, building amenities & updates review, as well as the OM and development analysis by "Studio X"-Architects. Cash or no more than 50% down lending. Text agent for property videos.
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Listing Office: Douglas Elliman