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3095 NW 11th St

Miami, FL 33125
  • $1,500,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: A11199572
$1,500,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

Great income-producing opportunity, Centrally located and only minutes away from the important areas of Miami such as; International Airport, Brickell, Downtown Miami, Coral Gables, Beaches, and Hialeah. Turn-Key investment that sits on a large lot with over 13,000 SF and has 4,011 SF of living area with the roof only twelve years old. With no contracts in place the units can be rented at current market rates or redeveloped under the current zoning of T3-O. Located in a high demand rental area, This three story multi-family property has eight parking spots, where tenants pay their own water and electricity. The offering cap rate is 4.2% of the asking price on current undermarked rents. Upon raising the rents the investment can give a significantly higher ROI.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-17T23:52:03.513.
www.buyingsoflo.com/homes/128537174
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3095 NW 11th St Miami, FL 33125

  • Price: $1,500,000
  • Status: Active
  • On Site: 99 Days
  • MLS #: A11199572
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1939
Built
County:
Miami-Dade
Property Description
Great income-producing opportunity, Centrally located and only minutes away from the important areas of Miami such as; International Airport, Brickell, Downtown Miami, Coral Gables, Beaches, and Hialeah. Turn-Key investment that sits on a large lot with over 13,000 SF and has 4,011 SF of living area with the roof only twelve years old. With no contracts in place the units can be rented at current market rates or redeveloped under the current zoning of T3-O. Located in a high demand rental area, This three story multi-family property has eight parking spots, where tenants pay their own water and electricity. The offering cap rate is 4.2% of the asking price on current undermarked rents. Upon raising the rents the investment can give a significantly higher ROI.
Exterior Features

Parking Total 8 Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 4011

Property Features

Association YN No Business Type Commercial/Residential IncomeResidential-Multi-Family Horse YN No New Construction YN No Public Survey Section 33 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 8578 Zoning 5700

Listing courtesy of Keller Williams Eagle Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-17T23:52:03.513.
 
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GK Realty Group LLC
1401 N University DR #407
Coral Springs FL, 33071