South Beach Multifamily Opportunity

Discover the vibrant South Beach neighborhood, an ideal location for multifamily real estate investment. Just steps from the iconic Ocean Drive and the pristine sands of South Beach, this area offers a unique blend of historical charm and modern living. The property is a short stroll from world-class dining, high-end retail, and dynamic nightlife, making it an enticing prospect for investors seeking to capitalize on the coveted Miami Beach lifestyle. With its eclectic mix of art deco architecture, cultural events, and unparalleled beachfront access, the South Beach Multifamily Opportunity presents an exceptional chance for investors to be part of the thriving Miami Beach community. The property is close to major landmarks, including the The Miami Beach Convention Center (MBCC) is a premier event and conference venue that is renowned for its modern facilities and prime location near popular attractions. With its recent renovations, the MBCC offers state-of-the-art amenities, ample exhibition space, and easy access to nearby airports and entertainment districts. In addition 900 Pennsylvania is within blocks from the Lincoln Road Mall, a stylish walking street in Miami Beach, stretching for about a mile between Washington Avenue and Alton Road and that has been one of Miami's most popular gathering places for decades, attracting locals and visitors to shop, dine, relax, and browse its art galleries and markets.Fantastic 14-unit corner CBS apartment building on Pennsylvania Avenue in the best area of South Beach. This desirable two-story building is comprised of two 2-bedroom, eight 1-bedroom, and 4 studio units, each featuring one bathroom. Located on the corner of 9th Street, the property resides in a high-demand location and is consistently fully occupied. The building features an upside as while most of the units are renovated, the building's general areas, outside, and parking area can still benefit from some improvements and rent increases as they are considered low compared with nearby buildings. Units are metered individually for electric service and natural gas while the owner pays for water and sewer service.