Nikki Trombley - Arterra Realty Logo
Price Reduced Listing
$4,285,000
 $23,003 est/mo Sourced by Back At You

1000 7th Street,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

SELLER IS LOSING MONEY & MOTIVATED. Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%!

Details

MLS #A11975610
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1951
Days On Site193
Listing Provided ByKeller Williams Capital Realty | Ricky Kallabat

Features

SQ Feet7,868
Story(s)2
Units2
Building(s)1
Zoning3900
Acreage0.17

Exterior

Lot FeaturesLandscaped

Parking

Parking FeaturesAssigned, Common, On Street

Taxes

Tax Annual Amount52096

Location

Community FeaturesLaundry Facilities

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Listing VS Median (in 33139)
Price:
$4,285,000
low | high
Med:
$66,750
100% of Average
sqft:
7,868
low | high
Med:
2,983
100% of Average
$ / sqft:
$545
low | high
Med:
$27
100% of Average
On site:
193
low | high
Med:
902.5
21.385041551247% of Average
Sourced by Back At You

Market Activity 33139

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Additional Information

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Learn More About This Property

Nikki Trombley

Nikki Trombley

Arterra

 (586) 255-1223salesbynikki@gmail.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Listing VS Median (in 33139)
Price:
$4,285,000
low | high
Med:
$66,750
100% of Average
sqft:
7,868
low | high
Med:
2,983
100% of Average
$ / sqft:
$545
low | high
Med:
$27
100% of Average
On site:
193
low | high
Med:
902.5
21.385041551247% of Average
Sourced by Back At You
Listing Updated: September 14, 2026 at 4:02:56 AM PDT