1000 7th St, Miami Beach, FL 33139

About This Home

SELLER IS LOSING MONEY & MOTIVATED. 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. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!

Property Details

Heating

Central Electric

Cooling

Central Individual A/C

Parking Features

Assigned, Common, On Street

Building & Association

Building Name

Orange Blossom Place

Stories

2

Stories Total

2

Association

No

Security Features

Security Lights

Lot & Construction

Lot Size Square Feet

7,500

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

New Construction

No

Public Records

Parcel Number

02-42-03-009-7640

Tax Annual Amount

$52,096

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County

Location