1000 7th Street, Miami Beach FL 33139 | Miami-Dade County | A11975535

This property is a 10-unit quadruplex located at 1000 7th Street in the Ocean Beach Addn No 3, part of the Orange Blossom Place neighborhood in Miami Beach. Built in 1951, the two-story building sits on a large 7,500-square-foot lot and features a modern renovation that updates the structure to meet current living standards. The property has been completely restored from the studs and includes new electrical panels, plumbing, HVAC, and roofing, making it a solid, long-term investment. All 10 units are now move-in ready, with 7 two-bedroom units and 3 one-bedroom units. Each unit is equipped with modern kitchens featuring quartz countertops, stainless steel appliances, and breakfast bars. Bathrooms include hotel-quality finishes with celebrity lighting and engineered wood flooring throughout. Every unit also includes in-unit washer and dryer, and the building offers four private parking spots. There's also a shared BBQ patio space for outdoor enjoyment. The building is situated on a quiet, safe street in a highly desirable area of South Beach. The renovation includes a new 40-year roof completed in 2022, ensuring long-term durability and fewer major maintenance costs. The seller is offering assumable financing of $2,000,000 at 6% interest-only for a 3-year term. This property presents an excellent opportunity for investors looking for a well-maintained, income-producing building in a prime location. For more details, call 305-859-4733.