RRI Presents Presented by Rich Realty Investments Inc. 13899 Biscayne Blvd. suite 129, North Miami Beach, Florida 33181 Contact Carlos Martell 786-553-2729
[email protected] An array of multifamilies… 7757 Crespi Boulevard, Miami Beach, Florida 33141 7735 Hawthorne Ave, Miami Beach, Florida 33141 7741 Hawthorne Ave, Miami Beach, Florida 33141 7751 Hawthorne Ave, Miami Beach, Florida 33141 North Beach Multifamily Overview Location Biscayne Point Island, North Beach 33141 Property type Multi family Total area 21000 sq ft-1/2 acre Year built 1948 Total units 13 Price $3.9 M Pro Forma Cap Rate 3.91 % NOI $78,288.33 Rich Realty Investments Inc. is proudly presenting an opportunity to acquire 4 multi family properties adjacent to each other in the highly demanded area of Miami Beach. The location, North Beach is a neighborhood of the city of Miami Beach, Florida, United States. It is the northernmost section of the city, roughly bound by 63rd Street and Indian Creek Drive to the south and 87th Terrace to the north. It collectively refers to neighborhoods including Isles of Normandy, Biscayne Point, and La Gorce. According to the 2013 census, North Beach is home to more than 43,250 people of which 49.9% are foreign born persons. 65.5% speak languages other than English at home. The median household income in North Beach is estimated to be $40,775 between 2009 and 2013. The total estimated land area of North Beach is estimated to be 4.83 square miles, with a population density of approximately 8,602.2 people per square mile according to the 2010 census.