$4,100,000
Miami Beach, FL 33139
MLS# A11975535
7868 sqft
1 / 52
Property Description
Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-03-05
Status: Active
Original List Price: 4500000
List Price: $4,100,000
Current Price: $4,100,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Development Name: Orange Blossom Place
Subdivision Number: 9
Flood Zone: AE
Country: United States
Street Number: 1000
Street Name: 7th
Street Suffix: Street
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5995
Subdivision Name: OCEAN BEACH ADDN NO 3
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0242030097641
Zoning: 3900
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 6407
Living Area Main: 7868
Parking Total: 4
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 7868
Year Built: 1951
Waterfront YN: 1
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 52096
Tax Year: 2025
Tax Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 97 LOT SIZE 50.000 X 150 OR 16023-1241 0793 1 COC 26210-4069 01 2008 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Marble: 1
Tile: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Documents Available
Copy Of Lease(s): 1
Financial Statement: 1
Investment Analysis: 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Will Carry: 1
Roof
Flat: 1
Water Source
Public: 1
Waterfront Features
Bayfront: 1
Income and Expenses
Gross Income: 330000
Total Expenses: 79000
Net Operating Income: 251000
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 3150
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Unit 2 Details
Actual Rent: 2190
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 521.09
Section Details
Parcel Number MLX: 7640
Status Change Information
Major Change Timestamp: 2026-10-01T17:40:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-01T17:40:03Z
Status Change Date: 2026-03-05
Originating Details
Originating System Key: 437914085
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Financial Statement; Investment Analysis; Rent Rolls
Flooring: Marble; Tile
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional; Owner Will Carry
Possession: Close Of Escrow; Negotiable
Roof: Flat
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Waterfront Features: Bayfront
Showing Requirements: Call Listing Agent; Showing Service
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Listing Office: Keller Williams Capital Realty
Last Updated: October - 19 - 2026
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