815 W 39th St - Apartments FOR SALE


Miami Beach, FL 33140
$2,400,000 USD
305-850-8424
815 W 39th St, Miami Beach, FL for Sale
$2,400,000 USD
Apartments - FOR SALE
1/41
null | 4.77% Cap Rate

815 W 39th St
Miami Beach, FL 33140


HIGHLIGHTS

  • Exceptional Miami Beach Location
  • All Units Meticulously Renovated
  • Additional Land for More Units
  • Washer/Dryer in Each Unit
  • Large ~900 square foot Units
  • Below Market Rents

OVERVIEW

The Grey Havens is a superb multi-family asset in Miami Beach- meticulously maintained and in a premier location. It features four huge, ~900 square foot, 2 Bedroom 2 bath apartments completely renovated down to the last detail. The property provides high style living in a secure yet vibrant neighborhood that breathes wealth and desirability. Built in 1938 of reinforced concrete and stucco, The site and building were fully renovated and recertified in 2018. The Grey Havens now feature private entrances, a new roof, all new central A/C systems, electrical and plumbing systems, Impact windows and doors in each apartment, washer/dryers and original wood floors. In addition, there is ample outdoor covered space for true indoor/outdoor living complete with grill and manicured landscape befitting this singular neighborhood. Surrounded by churches, schools, and upscale residences, the Grey Havens lies in a wealthy and prestigious neighborhood close to all major attractions- yet remains quiet and peaceful when rest and relaxation are key. The property is located just two blocks south of the 41st Street Strand which provides shopping, dining, entertainment and services of all types. 41st Street also provides direct access to Miami proper and the Beach. This is a truly turnkey asset, and an absolute must see!

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$574 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

4.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Grey Havens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RM-1

APN/PARCEL ID

02-3227-015-0310

ASK ABOUT THIS PROPERTY

Neal DeputyKeyes Commercial Real EstateMore Info
305-850-8424

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Neal DeputyKeyes Commercial Real EstateMore Info
305-850-8424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.