$1,705,000
$1,849,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
5,580 SqFt
SOLD DATE : 03/21/2025
Key Details
Sold Price $1,705,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,580 sqft
Price per Sqft $305
MLS Listing ID A11619809
Sold Date 03/21/25
Construction Status Resale
HOA Y/N Yes
Year Built 1962
Annual Tax Amount $17,167
Tax Year 2023
Contingent No Contingencies
Lot Size 0.449 Acres
Property Sub-Type Multi Family
Property Description
Prime Multifamily property with 10 well-appointed 1-bedroom and 1-bathroom apartments generating $14,400 monthly or $172K annual gross. Located in Miami's rapidly developing 33150 area, offering easy access to major highways, Downtown Miami, Wynwood, and Miami Beach. Most units with recent upgrades and fully rented ensure strong rental income. Secure and well-maintained, with a fenced property and secure entry points. Laundry room on-site for the convenience of tenants and bringing extra income for the landlord. Competitive pricing, with significant growth potential in a thriving local economy.
Location
State FL
County Miami-dade
Area 31
Interior
Heating None, Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Terrazzo, Tile, Vinyl
Exterior
Roof Type Shingle
Total Parking Spaces 20
Private Pool Yes
Building
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-31-01-003-1050
Ownership Corporation
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Corporate Listing
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Bought with Deal Flow Realty, LLC.