Basic Information

  • MLS # A11482435
  • Type Commercial
  • Style MultiFamily
  • Status Active
  • Subdivision/Complex
  • Year Built 1977
  • Total Sqft 6,250
  • Date Listed 11/07/2023
  • Days on Market 177
Description

960 Biarritz Drive is a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water and a 5 minute walk to the beach. North Beach is a growing market with a number of attractive retailers, restaurants, and new developments. All 14-units have tile flooring, full kitchens, and impact windowsdoors. The property is being offered at a 6.13 existing cap rate and is fully leased with below market rents. The purchaser can likely increase rents. All leases have 60 day termination clauses.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 6,250
  • Sqft 6,250

Property Features

  • Address 960 Biarritz Dr
  • Aprox. Lot Size 6,250
  • City Miami Beach
  • County Miami-Dade County
  • Furnished Info No
  • Occupant Type Tenant
  • Postal City Miami Beach
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $31,118
  • Tax Information OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 7 BLK 6 LOT SIZE 50.000 X 125 OR 19401-0108 1200 2 2
  • Tax Year 0
  • Type of Property MultiFamily

960 Biarritz Dr

Miami Beach, FL 33141

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STL Advisors, LLC. tel: 305-972-7217

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