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815 W 39th St
Miami Beach, FL 33140

$2,400,000 USD

Apartments For Sale  •  4,178 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,178 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1938
  • Cap Rate 4.77 %
  • Zoning RM-1
50 Transit Score
84 Walk Score

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

Property Flyers

Financial Summary (Actual)

Net Operating Income: $113,680 USD (2024)
Cap Rate: 4.77 %
Total Expenses: $39,200 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Picnic Area
  • Cabana
  • Furnished Units Available
  • Grill
  • Gas Range
  • Recycling
  • Vintage Building
  • Kitchen
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 11 min - 7.0 mi
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 12 min - 7.4 mi
AirportDriveWalkDistance
Miami International 25 min - 13.0 mi
Fort Lauderdale/Hollywood International 35 min - 24.8 mi
Neal Deputy 305-850-8424 Keyes Commercial Real Estate
Neal Deputy 305-850-8424 Keyes Commercial Real Estate