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$3,700,000
Est. payment /mo
11,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $336
MLS Listing ID A12087688
HOA Y/N No
Year Built 1969
Lot Size 0.502 Acres
Property Sub-Type Multi Family
Property Description
Eco Stone Group Investments is pleased to present a 20 unit multifamily, located on 1895 NW 35th Street, Miami FL 33142 in the heart of Allapattah, the largest epicenter for the Hispanic community. It's density and desirability of tenants has allowed for a rapid growth in rents and capital appreciation for the area. It's close proximity to Miami's Prime destinations like the Miami International Airport, The Marlins Stadium, multiple supermarkets, easy access to pubic transportation, expressways and mayor highways has created a huge demand for both tenants and landlords.
With 20 separate units of 1 bedrooms and 1 bathroom (approx. 500 sq.ft.) all very large units for the average of the area all with separate electric meters. 80% of the units have been renovated and a parking space for each of the units. Furthermore this property is zone T6-8O allows you to build up to 75 unit and its and opportunity zone offering tremendous tax incentive. Cap rate 8%
See attached brochure!!!!
With 20 separate units of 1 bedrooms and 1 bathroom (approx. 500 sq.ft.) all very large units for the average of the area all with separate electric meters. 80% of the units have been renovated and a parking space for each of the units. Furthermore this property is zone T6-8O allows you to build up to 75 unit and its and opportunity zone offering tremendous tax incentive. Cap rate 8%
See attached brochure!!!!
Location
State FL
County Miami-dade
Area 31
Zoning 6100
Exterior
Private Pool Yes
Others
Tax ID 01-31-27-010-1200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Habitat Realty LLC
NEARBY SCHOOL & BUSINESS
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