| 442 NW 59th Ter Miami, FL 33127 |
| Listed Date YYYY/MM/DD:2023-10-16 | ID: 1011459148 |
| Price: $1,299,000 | County: Miami-Dade County |
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| Area: 31 | Square Footage: |
| Property Tax: $6,951.00 | Water Supply: Municipal Water |
| Sewer Description: Municipal Sewer | Zoning Information:5700 |
| Folio Number: 01-31-13-030-0430 |
| Number of Units: | Year Built: 1937 |
| Number of Parking Spaces:8 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Effective Year Built | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 2.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects No Exemptions |
| Legal Description: COLLEGE PARK PB 9-61 LOTS 13 & 14 BLK 3 LOT SIZE 100.000 X 116 OR 20937-2643 01 2003 1 COC 25102-4793 10 2006 1 |
| Turnkey income property situated on a 11,600sf Double lot w/ T3-0 zoning. Fully updated and providing a current Cap Rate of 5.5% and pro-forma of over 8% w/ no CapEx required. Property provides (3) Structures with 5 units which are 100% leased and renovated. New upgrades include roof, plumbing, kitchen, appliances, floors, bathrooms & more! Very strong returns with Airbnb or Long Term Rentals opportunities. Potential to generate $100K+ a year. Prime location less than 10 minutes from Design District, Wynwood, Midtown & Edgewater! Please DO NOT disturb tenants. Showing request approved after an offer is presented. |
