1170 71ST Street, Miami Beach, FL 33141

About 1170 71ST Street, Miami Beach, FL 33141

Investment opportunity in Miami Beach's desirable North Beach neighborhood. This four-unit multifamily property is 3,759 square feet under air with a 2 year old roof. The unit mix includes one 3-bedroom, 2-bathroom first floor unit and three 1-bedroom, 1-bathroom apartments on the second floor. Separate electric meters, common coin operated laundry area and established rental income provide a solid foundation for investors. 1 water meter. Conveniently located near Normandy Isle, beaches, shopping, restaurants and public transportation. A great opportunity to own an income-producing property in Miami Beach with strong long-term potential. 3 long term tenants on month to month leases and one annual lease. See attachment for leases.

How This Listing Compares in Miami Beach

Per square foot, it is asking 44% below the Miami Beach median for sales closed over the last twelve months — worth a closer look at condition, floor and association costs.

Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.

Home Features at 1170 71ST Street, Miami Beach, FL 33141

Flooring

Other, Tile

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Pool Private

No

Year Built Details

Resale

The Building at 1170 71ST Street, Miami Beach, FL 33141

Building Area Total

3759

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Pets Allowed

Yes

Lot, Views & Construction at 1170 71ST Street, Miami Beach, FL 33141

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced

Lot Size Square Feet

6,675

Waterfront

No

View

No

Construction Materials

CBS Construction, Stucco

Roof

Other Roof/Roof Structure, Other

Exterior Features

Other

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Taxes & Public Record for 1170 71ST Street, Miami Beach, FL 33141

Parcel Number

023200131630

Tax Annual Amount

$16,943

Tax Year

2,025

Tax Legal Description

OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 9 BLK 11 LOT SIZE 53.400 X 125 OR-9361-1447 COC 25559-0262 04 2007 5

Zoning

4800

County Or Parish

Miami-Dade County

Assigned Schools for 1170 71ST Street, Miami Beach, FL 33141

Elementary School

Treasure Island

Middle School

Nautilus

High School

Miami Beach

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood