1,687 SqFt
1,687 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,687 sqft
Price per Sqft $136
Subdivision North Liberty City
MLS Listing ID A11545918
Construction Status Effective Year Built
HOA Y/N Yes
Year Built 1948
Annual Tax Amount $1,875
Tax Year 2024
Contingent Pending Inspections
Property Sub-Type Duplex
Property Description
Legal duplex w/ T4-O zoning in Liberty City. Delivered vacant. Front unit: 3/2 (office), rear: 1/1 residential. 2,500 SF lot, 1,687 SF building. Zoned for mixed-use & eligible for up to 8 units under Live Local. Section 8 pays $2,040–$2,500/mo in this zip.
Pro forma rent: $4,540/mo | $54,480/yr.
Est. expenses: $6,300/yr ? NOI: $48,180.
Repairs est. $70K ? Pro forma cap rate: ~16%.
Sold as-is. Cash only. Buyer assumes violations (in process). Huge upside for investors/developers.
Location
State FL
County Miami-dade
Community North Liberty City
Area 31
Interior
Heating Central, Other
Cooling Central Air, Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Flat,Other,Tile
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-14-015-0980
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11545918
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "