$1,625,000
$1,600,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
7,506 SqFt
SOLD DATE : 09/27/2023
Key Details
Sold Price $1,625,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,506 sqft
Price per Sqft $216
MLS Listing ID A11438934
Sold Date 09/27/23
Construction Status Resale
HOA Y/N No
Year Built 1966
Annual Tax Amount $15,701
Contingent No Contingencies
Lot Size 7,496 Sqft
Property Sub-Type Multi Family
Property Description
8-unit Multi-Family in the heart of Miami! This property features 3 stories consisting of 7 (1/1) and 1 (3/2) units on month to month leases with 8 parking spaces. Centrally located near Coral Gables, Little Havanna, Brickell, and Downtown. The great income-producing property currently operating at a 6.9% cap rate with a potential increase to a 9% cap rate. Do not disturb tenants! Contact the Listing Agents for more details.
Location
State FL
County Miami-dade County
Area 41
Direction USE GPS.
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Exterior
Roof Type Shingle
Total Parking Spaces 8
Private Pool Yes
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-04-022-0550
Security Features Other
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Lifestyle International Realty
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