Address Not Available By Request

    Miami, FL 33138
    • $699,000
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: A10719433
    UPDATED: 43 min ago
    $699,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    31
    Type:
    Commercial
    Built:
    1949
    County:
    Area:
    31

    School Ratings & Info

    Description

    Unique turnkey six (6) unit multifamily investment opportunity in the Little River Business District.Excellent location blocks from Magic City Development, a mixed-use master planned community and walkable campus that will consist of over 200,000 SF of retail, office, residential, hotel, art, park and other public spaces.Six (6) fully occupied 1BD/1BA apartments with average monthly rents at $950; below market with ample room for growth.Attractive 7.5% cap, at effective gross income of ~$65k.Zoned D-2 Industrial allows for redevelopment with in-place income (from existing multifamily) throughout approval process.Close proximity to Biscayne Boulevard and I-95.

    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 2019-09-16T22:40:36.967.
    www.buyingsoflo.com/homes/97666776

    Address Not Available By Request Miami, FL 33138

    • Price: $699,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: A10719433
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1949
    Built
    Neighborhood:
    31
    County:
    Miami-Dade
    Area:
    31
    Property Description
    Unique turnkey six (6) unit multifamily investment opportunity in the Little River Business District.Excellent location blocks from Magic City Development, a mixed-use master planned community and walkable campus that will consist of over 200,000 SF of retail, office, residential, hotel, art, park and other public spaces.Six (6) fully occupied 1BD/1BA apartments with average monthly rents at $950; below market with ample room for growth.Attractive 7.5% cap, at effective gross income of ~$65k.Zoned D-2 Industrial allows for redevelopment with in-place income (from existing multifamily) throughout approval process.Close proximity to Biscayne Boulevard and I-95.
    Exterior Features

    Construction Type Cbs Construction Parking Description Common Parking Waterfront Property Yn No

    Property Features

    Approximate Lot Size 7500 Location Of Property Industrial Park Reo YN No Sale Includes Building & Land Short Sale Yn No Typeof Property Income

    Listing courtesy of Hudson Capital Realty Llc.


    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 2019-09-16T22:40:36.967.
     
    GK Realty Group LLC
    1401 N University DR #407
    Coral Springs FL, 33071