Price: $2,200,000
MLS Number: A10465145
 Commercial / Investment - SOLD
6727 Indian Creek Dr, Miami Beach, Florida 33141 USA
 Lot Square Feet: 12,200
 
 HOA Fees: 
 
 Lot Dimensions: 12,200
 
 Date Sold: 11/15/2019
About this Property
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.

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Genesis Realty Services Inc..
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