1850 S Treasure Drive
North Bay Village, Florida FL 33141
$1,700,000 Price
Active Status
10 Total Baths
7,222 SqFt
0.280 Acres
RX-10347484 Listing ID
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 AREA'S FANTASTIC RESTAURANTS, SHOPPING, ENTERTAINMENT AND FAMOUS MIAMI BEACHES. IN ADDITION, GOING WEST, IT IS EASILY ACCESSIBLE TO THE GOLDEN GLADES INTERCHANGE AND FROM THERE TO MAJOR SOUTH FLORIDA DESTINATIONS.
Schedule Showing
Status Active
County Miami-Dade
Year Built 1963
Property Type Commercial/Industrial
Commercial/Industrial
Property Sub Type Commercial Industrial

Primary Features

Price/SqFt: 235.39
Property Sub Type: Commercial Industrial
Year Built: 1963
Zoning: RM-70

Interior Features

Cooling: Wall-Win A/C
Fire Protect: Smoke Detector
Flooring: Other
Heating: Other
Percentage Air Conditioned: 100
Stories: 2
Unit 1: Full Baths: 1
Unit 1: Unit Description: 1 Bedroom
Unit 2: Full Baths: 2

External Features

Construction: CBS
Roof: Comp Shingle
Total Units: 10
Waterfront Description: Intracoastal

Additional

Property Description: 10 UNIT MULTIFAMILY
Special Info: Corporate Owned
SqFt Source: Tax Rolls
Type of Building: Income, Resident. Multi-Fam.
Unit 1: Number of Units: 8
Unit 2: Number of Units: 2
Unit 2: Unit Description: 2 Bedroom
Use: Income
Utilities: Cable, Public Sewer, Public Water, Separate Meter
Year Built Description: Resale

Location Information

Absolute Longitude: 80
Area: 2320
County: Miami-Dade
Geo Area: DADE
Location: City
Subdivision: TREASURE IS 1ST ADDN PORT OF TRACK B
Waterfront: yes

Financial Details

Auction: No
For Lease: no
For Sale: yes
Lease: None
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
Real Estate Taxes: 21159.8
Sale Includes: Building Only
Tax Year: 2016
Tenant Pays: Electric
Terms Cons: Cash, Conventional

Zoning Info


Listing courtesy of The Keyes Company
The content relating to real estate for sale on this web site comes in part from the IDX program of the Beaches MLS. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. © 2018 Beaches MLS. All rights reserved. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. The data is deemed reliable but is not guaranteed accurate by BMLS. Please contact Donohue Real Estate LLC directly for additional information pertaining to the status and availability of properties displayed on this website. Data last updated Sunday, June 24th, 2018 at 06:37:54 PM.

Contact - Listing ID RX-10347484

Ellen Lillian, Realtor, Donohue Real Estate LLC

11209 U.S. Highway 1
North Palm Beach, FL 33408
Phone: 561-809-3233

Data services provided by IDX Broker
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