
- MLS® #: A11320134
- 1910 And 1920 Biarritz Dr
- Miami Beach, FL 33141
- $2,650,000
- Business
Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.
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Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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