$975,000 Price Analysis    ♡   Miami, FL 33142 4 bed 4 bath 1,824 SqFt ($534/SqFt) Listed 2024-04-30, Taxes $5,232 | Ⓧ USDA Ineligible due to price & location near Miami |
Explore an exceptional investment opportunity with this cash-generating fourplex in Miami
Located west of Wynwood. Offering a substantial ROI of 9.07% , this property currently operates as a fourplex but is approved for conversion into a seven-unit building , enhancing its potential for increased revenue. The recent renovations seamlessly blend modern design with practical amenities, making it a lucrative addition to any investment portfolio. Situated in the Allapattah neighbrhood, this property is nestled next to Wynwood and the Design District, areas renowned for their dynamic cultural scenes and commercial vibrancy. Allapattah, one of Miami's oldest communities, is known for its rich mix of Latin American-inspired restaurants, clubs and diverse establishments. The neighborhood's economy is supported by a str ong foundation of textile, produce and wholesale businesses, creating a vibrant commercial landscape.
With 1-minute direct access to I-95 Highway, the location offers unparalleled connectivity, making it one of the most desirable locales in South Florida. Inside, each unit of this meticulously renovated fourplex has been crafted to perfection. Expansive windows flood the interiors with natural light and provide picturesque views, creating a bright and inviting atmosphere. The property is equipped with brand new energy-efficient AC systems, washers and dryers and updated electrical and plumbing systems in each unit, enhancing the comfort and convenience for tenants. The contemporary aesthetic is designed to appeal to tenants who seek style as well as practicality in their living spaces. This investment opportunity stands out by offering a perfect combination of modern design, practical amenities and strategic location. With its renovated interiors, expansive windows and high-quality finishes throughout these four units, this fourplex is not a property but a gateway to a vibrant lifestyle in an up-and-coming neighborhood. Contact the listing agent today to secure your investment in this prime property, poised for growth and success in Allapattah.
Presented by Johnny Mansilla at
Nest Seekers International, Midtown.
Property MLS #3597474 from NestSeekers
Full Bathrooms: 4
Washer
Availability Date: 2024-04-30
Source Property Type: single-family home
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $209,499 | $5,232 |
| 2021 | $unknown + $unknown $190,454 | $4,415 |
| 2020 | $unknown + $unknown $173,140 | $3,820 |
| 2019 | $unknown + $unknown $157,400 | $3,552 |
| 2018 | $unknown + $unknown $143,091 | $3,267 |
| 2017 | $115,526 + $62,100 $177,626 | $3,088 |
| 2016 | $unknown + $unknown $118,258 | $2,852 |
| 2015 | $unknown + $unknown $107,508 | $2,445 |
| 2014 | $unknown + $unknown $97,735 | $2,380 |
| 2013 | $unknown + $unknown $96,555 | $2,187 |
| 2012 | $unknown + $unknown $92,153 | $2,082 |
| 2011 | $unknown + $unknown $95,578 | $2,174 |
| 2010 | $unknown + $unknown $106,021 | $2,566 |
| 2009 | $unknown + $unknown $130,635 | $3,003 |
| 2008 | $unknown + $unknown $167,093 | $3,782 |
| 2007 | $unknown + $unknown $232,298 | $5,146 |
$1,825
MiamiMLS
Price Changed for rent 2024-05-14
$2,150
MiamiMLS
Price Changed for rent 2024-05-14
$2,150
MiamiMLS
Listed 2024-04-30
$975,000
NestSeekers
Listing removed 2024-04-26
$0
MiamiMLS
Listed 2024-04-25
$975,000
MiamiMLS
Listing removed 2024-04-25
$0
NestSeekers
Listed for rent 2024-04-12
$2,500
MiamiMLS
Listed for rent 2024-04-12
$2,300
MiamiMLS
Listed for rent 2024-04-10
$1,900
MiamiMLS
Listing removed 2023-12-16
$0
MiamiMLS
Listed 2023-12-15
$975,000
MiamiMLS
Price Changed 2023-12-15
$975,000
NestSeekers
Listed 2023-12-14
$1,075,000
NestSeekers
Price Changed 2023-11-07
$1,045,000
MiamiMLS
Price Changed 2023-10-24
$1,100,000
MiamiMLS
Price Changed 2023-10-13
$1,175,000
MiamiMLS
Listed 2023-09-19
$1,300,000
MiamiMLS
Listing removed 2023-06-21
$0
MiamiMLS
Listed 2023-04-17
$850,000
MiamiMLS
Listing removed 2023-01-18
$895,000
MiamiMLS
Listed 2022-11-17
$895,000
MiamiMLS
Listing removed 2022-09-30
$895,000
MiamiMLS
Price Changed 2022-08-18
$895,000
MiamiMLS
Price Changed 2022-08-02
$950,000
MiamiMLS
Listed 2022-06-29
$1,100,000
MiamiMLS
Sold 2022-03-15
$390,000
Public Record
Sold 1998-04-08
$78,000
Public Record
Sold 1983-12-01
$52,000
Public Record
Architectural Style: Duplex
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.