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7130 Rue Versailles

11 Unit Apartment Building $4,961,145 CAD ($451,013 CAD/Unit) Miami Beach, FL 33141

Executive Summary

7130 Rue Versailles, an 11-unit renovated apartment rental on Normandy Isle in Miami Beach. Built-in 1940, the 6,052 square foot building consists of 7 studios, 3 one-bedroom units and 1 two-bedroom unit which average 550 square feet.
All units feature granite countertops, wood cabinets, tile flooring as well as individual washer and dryers. The one-bedroom and two-bedroom units feature central air whereas the studio units feature ductless mini-split air condition units.
The building is currently 100% occupied. All units feature granite countertops, wood cabinets, tile flooring as well as individual washer and dryers. The one-bedroom and two-bedroom units feature central air whereas the studio units feature ductless mini-split air conditioners. Central location which is accessible to shopping, restaurants and the beach.

Financial Summary (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,961,145 CAD
Price Per Unit $451,013 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 6,052 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Parking Ratio 0.99/1,000 SF

Unit Amenities

  • Washer/Dryer

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 7 $2,144 CAD 439 - 471
1+2 1 $2,197 CAD 703
1+1 2 $2,233 CAD 518 - 519
2+2 1 $3,615 CAD 1,203
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3210-012-0340
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$2,583,247 CAD (2024)

zoning

Zoning Code RM-1, Miami Beach (Multifamily)
RM-1, Miami Beach (Multifamily)
  • Listing ID: 26178875

  • Date on Market: 2022-07-15

  • Last Updated:

  • Address: 7130 Rue Versailles, Miami Beach, FL 33141

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