Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. The property includes community laundry and features 5 parking spaces. The exterior was fully painted in 2023 ($31k) and the roof was replaced in 2024 ($87k).

This listing is courtesy of Periklis Synanidis at CBRE, Inc. em:perry.synanidis@cbre.com ph:352-278-7572.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0242030140400 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2030-014-0400 (0242030140400)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1135 8 St
City: Miami Beach
State: Florida
Zip Code: 33139-5955 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 9,050
Actual Square Feet: 9,050
Adjusted Square Feet: 7,309
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Lot Size - English*
Lot Size (sf): 6,850
Lot Size (acres): 0.16
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Building Size - Metric*
Living Square Meters: 840.77
Actual Square Meters: 840.77
Adjusted Sq M: 679.03
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Lot Size - Metric*
Lot Size (sq m): 636
Lot Size (ha): 0.06
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Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 6400 - Commercial - Central
Municipal Zoning: CD-2 (Miami Beach)
All Listed | All Properties
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Prior Sale*
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 04/09/2021
Amount: $2,520,000
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Prior Sale #2* (Second to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 02/02/2016
Amount: $2,893,900
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Prior Sale #3* (3rd to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 03/13/2013
Amount: $1,925,000
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Taxable Values*
Tax Year: 2024
Land: $1,712,500
Building: $87,500
Total: $1,800,000
Assessed: $1,800,000
County Taxable: $1,800,000
City Taxable: $1,800,000
Mill Code: 0200
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Ownership*
Owner 1: Urban Beach Iii Llc
Owner 2: C/o Sentinel Real Estate Corp
Mailing Address: 1251 Avenue Of The Americas 35
Mailing City: New York
Mailing State: Ny
Mailing Zip: 10020
Mailing Country: USA
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Building Information*
Stories: 2
Units: 12
Year Built: 1961
Effective Year Built: 2001
Extra Features 1: Cent A/c - Comm (aprox 300 Sqft/ton)
Extra Features 2: Paving - Asphalt
Extra Features 3: Aluminum Modular Fence
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Legal Description*
Legal Description Concatenated: 3-54-42 LENOX MANOR RE-SUB PB 7-15 E50FT OF LOTS 6 & 7 BLK 122 LOT SIZE 50.000 X 137 OR 19782-0059 0701 1 COC 22279-1087 04 2004 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.