$1,470,000
$1,599,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
4,416 SqFt
SOLD DATE : 08/02/2024
Key Details
Sold Price $1,470,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $332
Subdivision Idlewild Park
MLS Listing ID A11553233
Sold Date 08/02/24
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1951
Annual Tax Amount $20,120
Tax Year 2023
Contingent Pending Inspections
Property Description
Prime Miami Investment Opportunity:
Unlock the potential of this legal 9-unit building in Little Havana's thriving market. Close to Brickell's financial hub and Marlins Park, enjoy Miami's best. Easy access to 836 highway.
With zoning T6-8o, the possibilities are endless. Transform it into a lucrative Airbnb money maker or ideal Section 8 housing post improvements. Value add property needing TLC. Currently, rents are below market value, offering ample room for growth. Tenants are month-to-month, presenting flexibility for renovations. Property consists of a one 2/1 and 8 studio apartments that can be converted into one bedroom apartments.
Sold “as is” and CASH ONLY. Showings will be scheduled after qualified offers are submitted. Please do not disturb the tenants.
Location
State FL
County Miami-dade County
Community Idlewild Park
Area 31
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-41-03-014-0550
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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