Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,000,000
Annual Taxes:$9,299
Listing Courtesy of Douglas Elliman
Miami, FL fully leased multifamily apartment building on oversized lot with an in place 5.
- Apartment rental income newly renovated 4 units and newer roof.
- Large yard for off street parking.
- Four meters for four legal units.
- Back of property. Clean back and sides.
- Newly renovated and well maintained. No hassles.
- Back of units entertainment area.
- Alli interiors were renovated per the photo.
- Night time relaxation in the back.
- Back area for tenants to have out door use.
- View towards Brickell, Midtown & Design District. Drive from 58th to 54th and east to Buena Vista & Morningside.
- All interior bathrooms are renovated as shown.
- View NE towards Little River District & Swerdlows 7,500 + unit transit oriented development.
- NW view towards Urban Related Liberty Square redevelopment.
Description
Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 5.5% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88,000/year with potential upside. In path of progress between Swerdlow 7,500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11938166
Amenities
- CableAvailable
- LessThanQuarterAcre
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.
