$2,750,000 Price Analysis    ♡   Miami, FL 33138 8 bed 8 bath 4,600 SqFt ($597/SqFt) Built 1956 Listed 2024-04-08, Taxes $18,803 | Ⓧ USDA Ineligible due to price & location near Miami |
Fully updated and well-maintained 8-unit property on large 12
516 SF lot located in east Shorecrest - Unit breakdown: 2 2/1 units, 4 1/1 units, 2 studios; east of Biscayne Blvd, half a block to Bay and NE 79 St. Solid income/ solid return - $220, 800 GOI, $173, 260 NOI, 6% cap rate. Upside in rents, T- 5-R zoning allows building up to 5 stories - invest now for a solid return, land bank for future development.
Safe, convenient location and tenant-friendly property (9 parking spaces, outdoor spaces for tenants) property is 100% occupied. Building completed it's 40 Yers Recertification in 2016. All door and windows impact.
Presented by Jose Guillermo Anzola at
Keller Williams Elite Properties.
Property MLS #A11560973 from MiamiMLS
Full Bathrooms: 8
Heating Features: WallFurnace
Heating: Yes
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: CAUSEWAY BAYFRONTS
Parcel Number: 01-32-08-011-0170
Postal City: Miami
Postal Code Plus 4: 4222
Subdivision: CAUSEWAY BAYFRONTS
Zoning Description: 4600
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $841,350 | $18,803 |
| 2021 | $139,064 + $625,800 $764,864 | $16,250 |
| 2020 | $231,864 + $625,800 $857,664 | $18,266 |
| 2019 | $173,547 + $625,800 $799,347 | $17,063 |
| 2018 | $333,237 + $438,060 $771,297 | $16,155 |
| 2017 | $319,616 + $438,060 $757,676 | $16,050 |
| 2016 | $319,616 + $438,060 $757,676 | $16,536 |
| 2015 | $unknown + $unknown $295,245 | $8,535 |
| 2014 | $unknown + $unknown $268,405 | $6,815 |
| 2013 | $unknown + $unknown $244,005 | $5,527 |
| 2012 | $unknown + $unknown $255,803 | $5,779 |
| 2011 | $unknown + $unknown $240,158 | $5,462 |
| 2010 | $unknown + $unknown $271,448 | $6,571 |
| 2009 | $unknown + $unknown $413,020 | $9,496 |
| 2008 | $unknown + $unknown $568,989 | $12,879 |
| 2007 | $unknown + $unknown $756,729 | $16,765 |
$2,750,000
MiamiMLS
Listed 2024-04-08
$2,900,000
MiamiMLS
Listing removed 2022-12-23
$2,100
MiamiMLS
Price Changed for rent 2022-12-20
$2,100
MiamiMLS
Listed for rent 2022-12-08
$2,250
MiamiMLS
Sold 2022-06-24
$2,100,000
Public Record
Listing removed 2021-06-30
$1,200
MiamiMLS
Listed for rent 2021-05-10
$1,200
MiamiMLS
Listing removed 2020-08-30
$1,250
MiamiMLS
Listing removed 2020-06-07
$1,050
MiamiMLS
Sold 2018-02-16
$1,445,000
Public Record
Sold 2015-05-14
$928,000
Public Record
Sold 2012-06-20
$425,000
Public Record
Sold 2003-08-19
$350,000
Public Record
Sold 1979-10-01
$135,000
Public Record
Year Built: 1956
Building Area Total: 4600
Construction Materials: Block
Levels: One
Property Age: 68
Roof: Barrel
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex
CableAvailable
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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.