$1,700,000 1850 S Treasure Drive North Bay Village, FL

MLS: RX10347484   Type: Commercial   County: Miami-dade   City: North Bay Village   Area: 2320   Neighborhood: Treasure Is 1st Addn Port Of Track B   Zip: 33141   Style: Income     Stories: 2   Taxes: $21,159

Mortgage $7,981 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

10

0

7,222

0

1963

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

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Price History

7/3/2017 Listed $1,700,000

Area 2320
Built Desc Resale
Construction CBS
For Lease No
Geo Area DADE
Geo Lat 25.844436
Geo Lon -80.147305
Legal Description 9 53 42 TREASURE ISL 1ST ADDN PORT OF TR B PB 57-6 LOT 18 BLK 8 LOT SIZE 80.000 X 150 OR 4249-679/19238-4390 08 1964
Listing Status Active
Location City
Possession At Closing
Property Type E
Special Info Corporate Owned
Stories 2.0
Subdivision TREASURE IS 1ST ADDN PORT OF TRACK B
Tax Year 2016
Tenant Pays Electric
Terms Considered Cash, Conventional
Type Commercial Industrial
Type Of Building Income, Resident. Multi-Fam.
Use Income
Year Built 1963
Zoning RM-70

Interior Features

Cooling Wall-Win A/C
Flooring Other
Heating Other
Total Number of Units 10
Unit 1: Unit Desc 1 Bedroom
Unit 2: Unit Desc 2 Bedroom
Utilities Cable, Public Sewer, Public Water, Separate Meter

Exterior Features

Lot Size 0.28
Property Desc 10 UNIT MULTIFAMILY
Roof Comp Shingle
Waterfront Intracoastal

Property Schools



Direct Link:

https://www.homesforsalehollywoodfl.com/property/68-RX10347484-1850-S-Treasure-Drive-North-Bay-Village-FL-33141

Gallery (18 photos)

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Property vs Zip Code Avg (33141)

Price 1.70M Avg 3.05M

Sqr Feet 7,222 Avg 8,324

Cost / Sqr Ft $235 Avg $367

Taxes $21,159 Avg $25,162

Visits 47 Avg 43

Days on Site 443 Avg 248

Walkscore® 58 Avg 72

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Listing Provided Courtesy Of: The Keyes Company




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Location & Address

Kate Smith Group
20200 West Dixie Hwy, Suite 604
Aventura, FL
786-398-5940