EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY 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. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.