Biarritz Apartments 1986 Biarritz Dr Miami Beach, FL 33141

1986 Biarritz Dr Miami Beach, FL 33141
$8,600,000
$8,600,000
Biarritz Apartments 1986 Biarritz Dr Miami Beach, FL 33141

Overview

Overview: The Biarritz Apartments offer a unique investment opportunity in a prime Miami Beach location. Priced at $8,600,000, this multifamily property features 27 units across four stories, totaling 24,067 square feet. Built in 1976 and recently renovated in 2022, it boasts a concrete roof and a value-add potential through the addition of washers and dryers in units.
Key Details:
  • Price Per Unit: $318,519
  • Lot Size: 0.31 acres
  • Building Class: C
  • Parking Ratio: 0.87/1,000 SF
  • Co-broker Fee: $120,000
With its solid structure and strategic upgrades, this property is an attractive prospect for investors looking to capitalize on Miami’s thriving rental market.
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Details

  • Lot area (sqft):
    13,504 sqft
  • Building area (sqft)::
    24,067 sqft
  • Price ($):
    $8,600,000
  • Year built:
    1976
  • Single Asset

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Heating
  • Oven
  • Range
  • Shower