1850 S Treasure Drive, North Bay Village Property Listing: MLS® #RX-10347484
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Howard Jendlin

REALTOR®

  • Office 561-447-0666
  • Cell 561-702-3102
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1850 S Treasure Drive, North Bay Village, FL – $1,500,000

  • $1.5M Price
  • 7,222 Sqft
  • .28 Acres
  • $1.5M Price
  • 7,222 Sqft
  • .28 Acres

Howard Jendlin

Cell: 561-702-3102 | Office: 561-447-0666

1850 S Treasure Drive

FANTASTIC 10-UNIT APARTMENT BUILDING ON THE INTRACOASTAL. INCREDIBLE OPEN BAY VIEWS FROM THIS 2-STORY CBS BUILDING CONSISTING OF 2- 2/2'S AND 8- 1/1'S ON A LARGE 12,000 SF LOT ON A VERY PRIVATE AND TRANQUIL STREET. CONSISTENTLY FULLY RENTED, THE PROPERTY FEATURES UPSIDE AS SOME UNITS ARE RENOVATED AND SOME OTHERS CAN BENEFIT FROM A UNIT IMPROVEMENT PROGRAM; STILL, ALL HAVE RENTS THAT CAN BE CONSIDERED LOWER FOR THE AREA. THE UNITS ARE INDIVIDUALLY METERED FOR ELECTRIC WHILE THE OWNER PAYS FOR WATER BILLS. PROPERTY IS ON A GROUND LEASE; EXPIRES 08/14/2055; RENT IS $2,500/YEAR.LOCATED IN BEAUTIFUL NORTH BAY VILLAGE, THE PROPERTY IS ON A TRANQUIL STREET, JUST 2 BLOCKS AWAY FROM NE 79th ST/NORMANDY DR. FROM THERE, IT CONNECTS MIAMI TO MIAMI BEACH MAKING THE PROPERTY ACCESSIBLE TO ALL THEAREA'S FANTASTIC RESTAURANTS, SHOPPING, ENTERTAINMENT AND FAMOUS MIAMI BEACHES. IN ADDITION, GOING WEST, IT IS EASILY ACCESSIBLE TO THE GOLDEN GLADES INTERCHANGE AND FROM THERE TO MAJOR SOUTH FLORIDA DESTINATIONS.

Essential Information

  • MLS® #RX-10347484
  • Price$1,500,000
  • Square Footage7,222
  • Acres0.28
  • Year Built1963
  • TypeCommercial
  • Sub-TypeIncome
  • StyleIncome, Resident. Multi-Fam.
  • StatusActive

Community Information

  • Address1850 S Treasure Drive
  • Area2320
  • CityNorth Bay Village
  • CountyMiami-Dade
  • StateFL
  • Zip Code33141

Subdivision

TREASURE IS 1ST ADDN PORT OF TRACK B

Amenities

  • Is WaterfrontYes
  • WaterfrontIntracoastal Front

Utilities

Cable, Public Sewer, Public Water, Separate Meter

Interior

  • AppliancesBuilding Only
  • HeatingOther
  • CoolingWall-Win A/C
  • # of Stories2

Exterior

  • Lot Description10 UNIT MULTIFAMILY
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • ZoningRM-70

Listing Details

  • OfficeThe Keyes Company
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Price Change History for 1850 S Treasure Drive, North Bay Village, FL (MLS® #RX-10347484)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,700,000 to $1,500,000 $200,000 (11.76%)
Status Changed from New to Active

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© 2018 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on December 19th, 2018 at 2:30am EST.