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Key Details
Sold Price $445,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $179
Subdivision Allapattah View
MLS Listing ID A10994039
Sold Date 08/12/21
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $3,991
Tax Year 2020
Contingent No Contingencies
Property Description
Habitat Realty is pleased to present this unique investment opportunity for the acquisition of a Duplex with two 3 bedroom / 1 bathroom apartments with a solid cash flow. The duplex has 5,840 square foot lot with T6-8 Open zoning, which allows 150 units per acre. The Duplex is located in a limited sector of blocks with high density in Allapattah neighborhood, being able to build 20 units in a building of up to 8 stories high. The Duplex is just 4 blocks away from Allapattah metro Station, 8 minutes away from Jackson Hospital and just 5 minutes from Wynwood and Design District area. An area that is rapidly expanding and experiencing revitalization. Around the corner is 17 Avenue with easy access to 112 and I95. Actual Cap Rate 6.5%
Location
State FL
County Miami-dade County
Community Allapattah View
Area 31
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Other
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block,Frame,Other,Stucco
Construction Status Resale
Others
Tax ID 01-31-23-018-0210
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Conventional
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Bought with Keller Williams Legacy
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