OPPORTUNITY IN SOUTH BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED 3900 MULTI-FAMILY – 38-62 U/A. EIGHT STUDIOS LEASED AT AN AVERAGE OF $1,200 PER MONTH, AND FIVE ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,500 PER MONTH. WAY BELOW MARKET RENTS.THERE ARE ALSO TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY / GAS KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. THIRD PARTY COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.