6727 Indian Creek Dr

    Miami Beach, FL 33141
    • $2,200,000
    • STATUS: Closed
    • ON SITE: 651 days
    • MLS #: A10465145
    Sold - 11/15/2019
    $2,200,000
    SOLD - 11/15/2019
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    EXCELLENT INVESTMENT OPPORTUNITY! THIS AREA IS BOUND TO INCREASE IN VALUE DUE TO THE CURRENT NORTH BEACH MASTER PLAN REDEVELOPMENT PROGRAM. INCOME GENERATING 14 UNIT THAT ARE MONTH TO MONTH AND RENT CAN BE INCREASED ONCE THE AREA IS RE-DEVELOPED. LOCATED IN A CORNER WITH PLENTY OF LAND WHICH IS RARE FOR THE AREA. 12 UNITS ARE 1 BED 1 BATH APTS AND 2 UNITS ARE STUDIOS. THIS BUILDING CONVENIENTLY FEATURES PARKING LOT WITH ENTRANCES ON INDIAN CREEK ROAD AND HARDING AVENUE. THIS PROPERTY IS A FEW BLOCKS AWAY FROM THE RELAXING AND SANDY MIAMI BEACHES AND CLOSES TO MAJOR HIGHWAYS AND MUCH MORE. ALL 14 UNITS ARE RENTED ON A MONTH TO MONTH BASIS AND BUILDING IS APPROVED TO BUILD UP TO A 5 LEVEL MOTEL/HOTEL. PROSPECTIVE BUYER MAY INQUIRE WITH THE CITY REGARDING ANY FUTURE IMPROVEMENTS.

    Monthly Payment Calculator



    Copyright 2020, 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 2020, 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 2020-02-18T14:45:41.85.
    www.buyingsoflo.com/homes/83317971

    6727 Indian Creek Dr Miami Beach, FL 33141

    • Price: $3,000,000
    • Status: Closed
    • Updated: 64 min ago
    • MLS #: A10465145
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1950
    Built
    County:
    Miami-Dade
    Property Description
    EXCELLENT INVESTMENT OPPORTUNITY! THIS AREA IS BOUND TO INCREASE IN VALUE DUE TO THE CURRENT NORTH BEACH MASTER PLAN REDEVELOPMENT PROGRAM. INCOME GENERATING 14 UNIT THAT ARE MONTH TO MONTH AND RENT CAN BE INCREASED ONCE THE AREA IS RE-DEVELOPED. LOCATED IN A CORNER WITH PLENTY OF LAND WHICH IS RARE FOR THE AREA. 12 UNITS ARE 1 BED 1 BATH APTS AND 2 UNITS ARE STUDIOS. THIS BUILDING CONVENIENTLY FEATURES PARKING LOT WITH ENTRANCES ON INDIAN CREEK ROAD AND HARDING AVENUE. THIS PROPERTY IS A FEW BLOCKS AWAY FROM THE RELAXING AND SANDY MIAMI BEACHES AND CLOSES TO MAJOR HIGHWAYS AND MUCH MORE. ALL 14 UNITS ARE RENTED ON A MONTH TO MONTH BASIS AND BUILDING IS APPROVED TO BUILD UP TO A 5 LEVEL MOTEL/HOTEL. PROSPECTIVE BUYER MAY INQUIRE WITH THE CITY REGARDING ANY FUTURE IMPROVEMENTS.
    Exterior Features

    Parking Features Assigned Parking Total 14 Pool Private YN No Waterfront YN No

    Property Features

    Association YN No Business Type ApartmentsCommercial/Residential Income Electric Other Electric Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashConventional/RefinanceOther Terms New Construction YN No Public Survey Section 11 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 21796 Tax Year 2017

    Listing courtesy of Genesis Realty Services Inc..


    Copyright 2020, 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 2020, 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 2020-02-18T14:45:41.85.
     
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