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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,156 sqft
Price per Sqft $207
Subdivision Victoria Manor
MLS Listing ID A10744493
Sold Date 03/12/21
Construction Status Resale
HOA Y/N No
Year Built 1936
Annual Tax Amount $2,547
Tax Year 2018
Contingent No Contingencies
Property Description
PRICE DROP!!! Perfect opportunity for builders and investors that are looking to cash flow! This property has the potential to bring in even more income by adding an additional unit to this large lot! These 3 stand alone buildings consist of one - 2 bedroom, 1 bath unit and two - 1 bedroom, 1 bath units. Property is located in an Opportunity Zone. Please check attachments for more information! Plenty of open parking for tenants, near shopping, dining and minutes from the beaches. CAP RATE IS BETWEEN 8.5% (current or close to current condition) and 10.1% for a finished product. Each unit was rented previously as follows; unit 1 (2/1) $1300, unit 2 (1/1) $950, unit 3 (1/1) $ 800. Two words, cash flow! (only cash offers will be considered)
Location
State FL
County Miami-dade County
Community Victoria Manor
Area 31
Direction GPS, WAZE, GOOGLE MAPS
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Window Features Other
Exterior
Exterior Feature Lighting, Porch
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Porch Open, Porch
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-31-10-011-0400
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Realty One Group Evolution
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