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$1,150,000
Est. payment /mo
1,873 SqFt
UPDATED:
10/23/2024 07:00 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,873 sqft
Price per Sqft $613
MLS Listing ID A11681107
HOA Y/N No
Year Built 1948
Annual Tax Amount $9,027
Lot Size 8,300 Sqft
Property Description
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with
a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12
units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure
features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design
District, major expressways, and is conveniently situated near beautiful beaches and airports.
a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12
units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure
features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design
District, major expressways, and is conveniently situated near beautiful beaches and airports.
Location
State FL
County Miami-dade
Area 31
Exterior
Roof Type Other
Total Parking Spaces 3
Building
Structure Type Block
Others
Tax ID 01-31-12-013-0090
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Compass Florida, LLC.
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