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641 10th St, Miami Beach
#MLS: A11479959
$ 2 850 000
Listing date11/16/2023
CityMiami Beach, FL 33139
Address641 10th St
Area6544 sqft
Tax/year$ 41 067
Built year1930

Welcome to 641 10th St, Miami Beach FL 33139! This incredible property, known as the Jennay Apartments, is a residential income quadruplex located in the desirable Ocean Beach Addn No 3 subdivision. Built in 1930, this charming two-story building offers an array of opportunities for investors.

With a total of 13 fully occupied units, the Jennay Apartments guarantee a steady income of $193,500 annually. The property consists of eight studios, three 1 bedroom/1 bath units, and two 2 bedroom/1 bath units. Each unit has its own electric and water meter, ensuring convenience and individualized comfort for tenants.

One of the standout features of this property is its recent passing of the 40/50 year recertification. This reassures both current and future owners that the building is well-maintained and up to code, providing peace of mind.

Aside from the fantastic investment potential, the Jennay Apartments offer an unbeatable location. Situated just blocks away from South Beach, residents can easily access the beautiful beach, trendy Lincoln Road, vibrant Espanola Way, and the beloved Flamingo Park. The proximity to these popular attractions allows tenants to fully immerse themselves in the vibrant Miami Beach lifestyle.

For those who appreciate convenience, street parking is available with a resident permit (Zone 2), a highly desirable zoning feature in this area. Additionally, the lot size of 7,000 SF and building SQFT of 7,272 SF offer ample space for tenants to enjoy.

Don't miss out on the opportunity to own this impressive residential income property in the heart of Miami Beach. Come and explore the endless possibilities offered by the Jennay Apartments at 641 10th St!

641 10th St Miami Beach, FL 33139 quadruplex house for sale with MLS A11479959 located in OCEAN BEACH ADDN NO 3. If you want to buy Quadruplex - 641 10th St Miami Beach, FL 33139, call today!
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