Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
Miami Beach, FL 33141,6955 Rue Vendome (6-plex)
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$1,700,000

$1,750,000

2.9%
Est.Price: ?

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Est. payment /mo

3,552 SqFt


SOLD DATE : 04/25/2024

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $478

Subdivision Oceanside Sec Isle Of Nor

MLS Listing ID A11453884

Sold Date 04/25/24

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1936

Annual Tax Amount $15,654

Tax Year 2023

Contingent No Contingencies

Property Description

**BEST PRICE 6-PLEX PRICE $283k/DOOR ON NORMANDY ISLES- CALL FOR OFFERS DISCOUNTED AT 1.75M 6% CAP **Renovated 6-unit multifamily w/6 assigned parking spaces STEPS from units (HUGE RENTER DEMAND) + 20% upside in existing rents & massive value add: IN-PLACE NOI- $104,839; proforma GI is $240K

CAPEX- Seller expended over $150K in last years including recent upgrades- i.e. installing new plumbing/sewer line Jan-2024 w/50-year warranty, two new AC units, renovations, landscaping, irrigation system, etc. since listing. OWNER DELIVERING TURNKEY CONDITION WITH NO MAJOR CAPEX REQUIRED BY NEW BUYER (VS MOST AREA MULTIFAMILIES ON MARKET)

Location

State FL

County Miami-dade County

Community Oceanside Sec Isle Of Nor

Area 32

Direction Massive value add to unlock via multiple avenues: • Strategy 1: Add four (4) for units to existing footprint (total 10)- proforma $240K GI. ***Financing options available. Please contact OZMO, the financing broker on this property.

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Barrel,Flat,Tile

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 02-32-10-013-0670

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

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Listed by Real Estate Sales Force
Bought with Smart Luxe
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