UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,973 sqft
Price per Sqft $360
MLS Listing ID A11924971
HOA Y/N No
Year Built 1968
Annual Tax Amount $23,162
Lot Size 0.427 Acres
Property Sub-Type Multi Family
Property Description
Sporting a balanced unit mix of six 1 BR / 1 Bath units and two 2 BR / 1 Bath units, half of the units feature full interior renovations and the rest are primed for optional light-value-add upgrades, providing both immediate stability and clear operational upside.
Full property renovation and long-term durability includes pristine grounds, impact glass, central A/C, tiled floors, new roof as of 2017, and completed 40-year recertification, while 50% Section 8 tenancy delivers highly subsidized, reliable cash flow. Positioned within a quiet residential pocket experiencing new construction activity within a block, the property benefits from steady demand and its proximity to the major North Miami Beach NE 167th/NE 163rd ST commercial corridor and the Golden Glades Interchange
for unmatched connectivity to the entire region.
Location
State FL
County Miami-dade
Area 30
Exterior
Private Pool Yes
Others
Tax ID 30-21-13-002-0410
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11924971
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."
1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States