960 Biarritz Drive is a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water and a 5 minute walk to the beach. North Beach is a growing market with a number of attractive retailers, restaurants, and new developments. All 14-units have tile flooring, full kitchens, and impact windows/doors. The property is being offered at a 6.13% existing cap rate and is fully leased with below market rents. The purchaser can likely increase rents. All leases have 60 day termination clauses.

This listing is courtesy of STL Advisors, LLC.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0232100130760 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2100-013-0760 (0232100130760)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 960 Biarritz Dr
City: Miami Beach
State: Florida
Zip Code: 33141-5665 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 6,574
Actual Square Feet: 6,574
Adjusted Square Feet: 5,529
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Lot Size - English*
Lot Size (sf): 6,250
Lot Size (acres): 0.14
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Building Size - Metric*
Living Square Meters: 610.74
Actual Square Meters: 610.74
Adjusted Sq M: 513.66
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Lot Size - Metric*
Lot Size (sq m): 581
Lot Size (ha): 0.06
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Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: RM-1 (Miami Beach)
All Listed | All Properties
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 02/01/2018
Amount: $1,770,000
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Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 05/10/2013
Amount: $1,200,000
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Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: Q
Date: 12/01/2000
Amount: $425,000
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Taxable Values*
Tax Year: 2023
Land: $500,000
Building: $1,124,000
Total: $1,624,000
Assessed: $1,624,000
County Taxable: $1,624,000
City Taxable: $1,624,000
Mill Code: 0200
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Ownership*
Owner 1: Tri Vest Properties Inc
Mailing Address: 2353 Sw 4th St
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33135-3133
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Building Information*
Stories: 2
Units: 14
Year Built: 1977
Effective Year Built: 1977
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Legal Description*
Legal Description Concatenated: OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 7 BLK 6 LOT SIZE 50.000 X 125 OR 19401-0108 1200 2 (2)

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.