171 158th St
Miami, FL 33169

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:$9,000,000
Annual Taxes:$100,105
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Global Investments Realty

Description

Strategically situated a few blocks east of I-95 and the 826/Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries. New Construction Product eliminates the concern for deferred maintenance. All units, 22 units in total, have 1,250 SF, 3 bedrooms and 2.5 bathrooms units providing for strong rents. 11 units currently rented to one tenant (Airbnb operator) at new rate of $3,000 per unit Current NOI $529,591 - Projected NOI - $550,681

Strategically situated a few blocks east of I 95 and the 826 Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.