$550,000
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2,496 SqFt
SOLD DATE : 11/19/2021
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $741
Subdivision Howard Park
MLS Listing ID A11107183
Sold Date 11/19/21
HOA Y/N Yes
Year Built 1995
Annual Tax Amount $2,898
Tax Year 2021
Property Sub-Type Duplex
Property Description
Rare opportunity to acquire a large multifamily portfolio in South Florida or just purchase each folio individually. At $275k a door, if bought as a package deal along with MLS #s A11108937, A11107761, A11107183, A11108938. This portfolio consists of 8 total units generating over $116k per year in net income. (8) 3 bedroom, 2 bathroom units (mostly rented below market rent). Tenants pay their own electricity and water. The 8 units in Florida City were Built in 1995 with brand new roofs added in 2019!! All units are CBS and in turnkey condition including newly updated baths. Each unit comes with 2 car driveway, side & back yard space. 100% occupancy with good long term tenants, 6 out of 8 units are rented out under section 8. Market rents now in the area are up to almost $2,000 for 3 beds.
Location
State FL
County Miami-dade County
Community Howard Park
Area 81
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile
Exterior
Exterior Feature Lighting, Porch, Storm/Security Shutters
Pool None
Utilities Available Cable Not Available
Roof Type Roof Over
Porch Open, Porch
Total Parking Spaces 4
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 16-78-24-001-0140
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Elite Ocean View Realty LLC
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