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NoBe76

3 Residential Properties Offered at £5,718,090 in Miami Beach, FL

Investment Highlights

  • 30 Units | 3 Buildings
  • 40 Year Recertifications Completed
  • On-Site Laundry Machines & Updated Exterior Railings
  • 22 Units With STR Zoning Allowance
  • 100% Tenant Occupied with month-to-month leases
  • 40 Year Recertifications Completed

Executive Summary

Introducing NoBe76 Portfolio, a prime investment opportunity in the heart of North Beach, Miami Beach. This 3 property portfolio with 30-units is comprised of 300 76th St, 7636 Harding and 7635 Abbot. NoBe76 offers immense potential for value-add in a sought-after neighborhood just two blocks from the beach and North Shore Park. features generous sized units with 10 Studios and 20 One Beds all currently under month-to-month leases paying well below-market rates. Investors have the chance to significantly increase income by repositioning the properties and taking advantage of a lucrative Short Term Vacation rental or mid-term furnished rental business. Both 300 76th St and 7636 Harding with a total of 22 units the ability to obtain short term rental licensing as part of the North Shore Historic District zoning code.
Positioned near upscale areas like Bal Harbour, Surfside, and South Beach, residents enjoy a vibrant lifestyle with dining, shopping, & entertainment within reach. Owned by the same family for over 30 years, this portfolio boasts a strategic location with easy access to public transportation, making it an attractive prospect for investors looking to reposition and capitalize on North Beach’s continuous growth.
CONTACT Listing Agents for Offering Memorandum.

Property Facts

Price £5,718,090
Price / SF £259.50 / SF
Sale Conditions Deferred Maintenance
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 22,035 SF
Total Land Area 0.39 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
300 76th St, Miami Beach, FL 33141 Residential 6,755 SF 1958 -
7636 Harding Ave, Miami Beach, FL 33141 Residential 7,474 SF 1956 -
7635 Abbott Ave, Miami Beach, FL 33141 Residential 7,806 SF 1956 -
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  • Listing ID: 33140935

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: NoBe76, Miami Beach, FL

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