Dingbat Flats 16178 NE 19th Pl Immeuble residentiel 6 lots 1 250 437 € (208 406 €/Lot) Taux de capitalisation 5,13 % Miami, FL 33162

Horvath & Tremblay is pleased to present the exclusive sale of the Dingbat Flats, a multi-family investment property located at 16178 NE 19th Place in North Miami Beach, Florida (“The Property”). The Dingbat Flats is a twostory apartment building constructed in 1970 of reinforced concrete block and contain six (6) residential units with 6,746 square feet of living area on 0.16-acres of land. The Property offers a fantastic unit mix of four (4), large 2-Bedroom/1-Bathroom, and two (2), spacious 1-Bedroom/1-Bathroom apartments with an average of 1,116 sf per unit. The investment offers unique Mid-Century Modern "Dingbat" style architecture, which is 100% occupied with below market rents, that's been well maintained, under the same ownership since 2001, and has completed the required 40/10 Year Re-certification program. Units offer fully equipped kitchens, with select renovated units offering granite countertops and stainless-steel appliances, all units offer central air conditioning, tiled floors, and common area amenities include onsite laundry and assigned, covered parking (in select spaces) for residents & guests. The Dingbat Flats is well located a block south from North Miami Beach Boulevard, just west of Dixie Highway, and Biscayne Boulevard, the main office and retail corridor in the heart of North Miami Beach. The Property is conveniently located near an appealing array of retailers, restaurants, bars, and service amenities, public transportation options, major roads and is in close proximity to major attractions and points of interest in the area including Downtown Miami, the Miami-Opa Locka Executive Airport, Miami International Airport, Championship Golf Courses, and the World- Famous Miami Beaches.