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Property Name:  The Fitzgerald South Beach

Location:  South Beach

Asking Price:  $2,650,000

Number of Units:  12

Lot Size:  6000

Total Square Feet:  6507

Year Built:  1939

Watefront:  NO

This apartment building for sale in Miami’s South Beach neighborhood is a great investment for someone that wants to do a condo conversion. 

Claudio Gottardo

Additional Information
The Fitzgerald was built in 1936 and sits on a prime piece of commercial real estate in Miami Beach. This Art Deco building has two-floors and is located on a 6,000 square foot corner lot in the heart of South Beach. Its location is less than a mile from the Macarthur Causeway giving its residents quick and convenient access to the financial district in Brickell, Downtown Miami and the Miami International Airport.
This 12-unit apartment building for sale in Miami has 6,507 square feet of space and includes eight studios and four, one-bedroom units. Each unit has hardwood flooring and includes the original Art Deco fireplace. The kitchens and bathrooms have been updated and recently the building was painted and all electrical was upgraded. 

The building is always 100% occupied and generating income from rents, which are currently $900 monthly per studio and $1,100 for the one-bedrooms. 
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