Address Not Available By Request

    Miami Beach, FL 33141
    • $920,000
    • STATUS: Active
    • ON SITE: 120 days
    • MLS #: A10675948
    UPDATED: 30 min ago
    $920,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,815
      SQFT
    • $241
      $/SQFT
    Neighborhood:
    32
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:
    32

    School Ratings & Info

    Description

    100% TENANT OCCUPIED, 4 UNIT BUILDING, LARGE 2 BED 1 BATH FLOOR PLAN, PER DADE COUNTY APPRAISER AVERAGE SIZE IS 953 SQ PER UNIT. GREAT ADDED VALUE OPPORTUNITY AS CURRENT GROSS RENT ON THIS PROPERTY ARE UNDER MARKET RENTS AT GROSS INCOME OF $55,200. 2 UNITS RENT FOR 1200 AND THE OTHER 2 FOR $1100. CAN EASILY INCREASE RENTS AFTER RENOVATIONS $1900+ A MONTH EACH UNIT FOR A GROSS ANNUAL RENT TOTAL OF $91,200 UPSIDE TO INCREASE CAP TO 7.4% + AFTER EXPENSES AND REPAIR VALUE. SHORT WALK TO THE EAST TO THE BEACH/ATLANTIC OCEAN, RESTAURANTS, SHOPS, COLLINS AVE HOTELS, LOUNGES. LESS THAN 1 MILE NORTH OF WALKING DISTANCE TO SURFSIDE & THE BAL HARBOUR SHOPS. MINUTES FROM SOUTH BEACH NIGHTLIFE, SHOPPING AND RESTAURANTS. 4 STREET PARKING SPACES. PLEASE DO NOT DISTURB THE TENANTS

    Monthly Payment Calculator



    Copyright 2019, 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 2019, 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 2019-09-18T11:42:02.79.
    www.buyingsoflo.com/homes/95015995

    Address Not Available By Request Miami Beach, FL 33141

    • Price: $920,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: A10675948
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,815
    SQFT
    $241
    $/SQFT
    1952
    Built
    Neighborhood:
    32
    County:
    Miami-Dade
    Area:
    32
    Property Description
    100% TENANT OCCUPIED, 4 UNIT BUILDING, LARGE 2 BED 1 BATH FLOOR PLAN, PER DADE COUNTY APPRAISER AVERAGE SIZE IS 953 SQ PER UNIT. GREAT ADDED VALUE OPPORTUNITY AS CURRENT GROSS RENT ON THIS PROPERTY ARE UNDER MARKET RENTS AT GROSS INCOME OF $55,200. 2 UNITS RENT FOR 1200 AND THE OTHER 2 FOR $1100. CAN EASILY INCREASE RENTS AFTER RENOVATIONS $1900+ A MONTH EACH UNIT FOR A GROSS ANNUAL RENT TOTAL OF $91,200 UPSIDE TO INCREASE CAP TO 7.4% + AFTER EXPENSES AND REPAIR VALUE. SHORT WALK TO THE EAST TO THE BEACH/ATLANTIC OCEAN, RESTAURANTS, SHOPS, COLLINS AVE HOTELS, LOUNGES. LESS THAN 1 MILE NORTH OF WALKING DISTANCE TO SURFSIDE & THE BAL HARBOUR SHOPS. MINUTES FROM SOUTH BEACH NIGHTLIFE, SHOPPING AND RESTAURANTS. 4 STREET PARKING SPACES. PLEASE DO NOT DISTURB THE TENANTS
    Exterior Features

    Construction Type Concrete Block ConstructionCbs Construction Num Parking Spaces 4 Pool Yn No Roof Description Flat Tile RoofTar & Gravel Roof Style Fourplex Waterfront Property Yn No

    Interior Features

    Adjusted Sq Ft 3815 Cooling Description Wall/Window Unit Cooling Floor Description Tile FloorsWood Floors Heating Description Window/Wall Sq Ft Total 3815

    Property Features

    Association Type None Cable Available YN Yes Flood Zone Ae Information Available Deposit Held Lot Description Less Than 1/4 Acre LotEast Of Us 1 Property Type Information Other Rent Includes SewerWater Reo YN No Section 2 Separate Meter Yn Yes Sewer Description Municipal Sewer Short Sale Yn No Subdivision Complex Bldg Biscayne Bch Sub Tax Amount 9089 Tax Information Tax Reflects No Homestead Tax Tax Year 2018 Terms Considered All CashConventional Typeof Property Fourplex Year Built Description Resale

    Listing courtesy of Galleria International Realty.


    Copyright 2019, 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 2019, 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 2019-09-18T11:42:02.79.
     
    GK Realty Group LLC
    1401 N University DR #407
    Coral Springs FL, 33071