7825 - 7859 Crespi Blvd

    Miami Beach, FL 33141
    • $6,000,000
    • STATUS: Active
    • ON SITE: 277 days
    • MLS #: A10555405
    UPDATED: 31 min ago
    $6,000,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    32
    Type:
    Commercial
    Built:
    1957
    County:
    Area:
    32

    School Ratings & Info

    Description

    The Crespi Apts offers the perfect blend of water and park front living in Miami Beach. With 225 linear feet, this property features 4 continuous lots of MiMo buildings on a 25,875 sqft lot with a mix one, two, & three bedroom units. The Crespi is surrounded by prestigious single family neighborhoods, & walkable to the beach, Town Center, North Beach Yard, public & private schools, as well as several parks, & the North Beach Bandshell. With a total of 20 units, these highly desirable apts average 1122 sqft - almost double the size in the neighborhood - providing strong rental demand & low vacancy. This once in a lifetime opportunity gives an investor steady income year after year. This is the largest and most desirable investment property available in Miami Beach today.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-20T23:40:47.187.
    www.castellihomes.com/homes/88534718

    7825 - 7859 Crespi Blvd Miami Beach, FL 33141

    • Price: $6,000,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: A10555405
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    1957
    Built
    Neighborhood:
    32
    County:
    Miami-Dade
    Area:
    32
    Property Description
    The Crespi Apts offers the perfect blend of water and park front living in Miami Beach. With 225 linear feet, this property features 4 continuous lots of MiMo buildings on a 25,875 sqft lot with a mix one, two, & three bedroom units. The Crespi is surrounded by prestigious single family neighborhoods, & walkable to the beach, Town Center, North Beach Yard, public & private schools, as well as several parks, & the North Beach Bandshell. With a total of 20 units, these highly desirable apts average 1122 sqft - almost double the size in the neighborhood - providing strong rental demand & low vacancy. This once in a lifetime opportunity gives an investor steady income year after year. This is the largest and most desirable investment property available in Miami Beach today.
    Exterior Features

    Construction Type Cbs ConstructionOther Construction Num Loading Doors 0 Num Parking Spaces 0 Parking Description Street Parking Road Type Description Two Lane Roof Description Barrel RoofOther RoofWood Joist Roof Waterfront Description Fixed Bridge(S)NavigableOcean AccessSeawall Waterfront Property Yn Yes

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Terrazzo FloorsTile FloorsWood Floors Heating Description Wall/Window Units Interior Ceiling Height 9.0000 Maximum Ceiling Height 10.0000 Num Offices 0

    Property Features

    Approximate Lot Size 25875 Electric Service Separate Meters Flood Zone Ae For Lease Yn No For Sale Yn Yes Information Available Investment AnalysisRent RollsExisting Survey Insurance Expense 19682 Lease Term Info Annual LeaseMonth To Month Lease Location Of Property City LocationIn Residential Area Lot Frontage 225 Num Bays 0 Num Tenants 20 Ownership Corporation Property Description Waterfront Multi Family Reo YN No Sale Includes Building & LandFixturesLeases Sale Includes Incl Leases Section 2 Sewer Description Public Sanitation Short Sale Yn No Special Information Corporation Owned Property Style Of Property Income Waterfront Subdivision Complex Bldg The Crespi Apartments Tax Amount 25056 Tax Year 2017 Terms Considered All CashConventional/Refinance Typeof Property Income Water Description Public Water Year Built Description Resale

    Listing courtesy of Urban Resource Llc.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-20T23:40:47.187.
     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305