Description

Gated 5,000 SF property with two renovated 2-story units and private parking for 4 to 6 cars. The rear 2 bed/1.5 bath building is rented for $2,200 per month. The front 4 bed/2.5 bath building is furnished and rented for $3,850. Operate this gem as an income-producing property or make it your private South Beach residence, within easy walking distance of Lincoln Road and Sunset Harbour, and steps from exciting new mixed-use developments on Alton Road. Both properties feature new kitchens, new bathrooms, new plumbing/electric, and washer/dryer. The buildings may be demolished to make room for a new 5-story condo or multifamily development in a prime South Beach location near the Bay. Great income-producing residence or for 1031 exchange. RM-1 zoning