| 12240..5th Ave North Miami, FL 33161 |
| Listed Date YYYY/MM/DD:2023-09-01 | ID: 1011446202 |
| Price: $2,150,000 | County: Miami-Dade County |
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| Area: 22 | Square Footage: |
| Property Tax: $14,702.00 | Water Supply: Municipal Water |
| Sewer Description: Municipal Sewer | Zoning Information:3700 |
| Folio Number: 06-22-30-031-0250 |
| Number of Units: | Year Built: 1951 |
| Number of Parking Spaces:12 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects No Exemptions |
| Legal Description: BISCAYNE PARK ESTS BLKS 8 9 10 11 PB 5-107 LOT 24 BLK 8 LOT SIZE 15000 SQUARE FEET OR 18882-3051 11 1999 1 COC 24160-3301 09 2005 1 |
| Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. This property is exceptionally well-maintained, renovated, and efficiently managed. One of the unique features of this property is its value-add potential, as it has the right to build an additional up to 22 units, which could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. The property is currently occupied by excellent tenants. Zoned R-5, this property opens up a wide range of possibilities,
including multifamily medium density"Exceptional rental returns |
