About 641 10th St
Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.
Features of 641 10th St
| MLS® # | A11479959 |
|---|---|
| Price | $2,850,000 |
| Square Footage | 7,272 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 641 10th St |
|---|---|
| Area | 42 |
| Subdivision | OCEAN BEACH ADDN NO 3 |
| City | Miami Beach |
| County | Miami-Dade County |
| State | FL |
| Zip Code | 33139-5465 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Other, Wood |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Barrel, Other |
|---|---|
| Construction | Block |
| Lot Features | < 1/4 Acre |
| Sewer | Public Sewer |
Additional Information
| Date Listed | November 16th, 2023 |
|---|---|
| Days on Market | 173 |
| Zoning Description | 3900 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Sewer,TrashCollection,Water |
| Year Built Details | Resale |
| Tax Annual Amount | $41,067 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2% |
Listing Details
| Office | Compass Florida, LLC. |
|---|