Miami, FL 33150,9111 NW 4th Ave
Miami, FL 33150,9111 NW 4th Ave
Miami, FL 33150,9111 NW 4th Ave
Miami, FL 33150,9111 NW 4th Ave
Miami, FL 33150,9111 NW 4th Ave
Miami, FL 33150,9111 NW 4th Ave
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$ 1,500,000
Est. payment | /mo

3,768 SqFt


$ 1,500,000
Est. payment | /mo

3,768 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,768 sqft

Price per Sqft $398

Subdivision Pinewood Park Pl Amd 2Nd

MLS Listing ID A11743325

Construction Status Effective Year Built

HOA Y/N No

Year Built 1954

Annual Tax Amount $7,860

Tax Year 2024

Property Sub-Type Triplex

Property Description

Two adjacent corner lots being sold together between El Portal and Miami Shores. One lot has 2 houses and the other lot has 1 house plus space to develop a two story 1200 SQFT house. See diagrams in the pictures for a better understanding. The property can be leased annually to 3 different single family home tenants for approximately $10,000 - $11,000 as a potential 6% cap rate OR it can be operated as an Airbnb functioning as a 6-unit rental (1st house has 2 guest rooms, second house has 1 guest room) generating over $250,000.00 in revenue at an approximate 11% cap rate. Both lots combine for 14,000 SQFT and the property is unincorporated Dade County making it very easy to pull permits and develop the vacant space. The property is currently being used as a 6-unit Airbnb. Call Agent.

Location

State FL

County Miami-dade

Community Pinewood Park Pl Amd 2Nd

Area 31

Interior

Heating Other

Cooling Other

Flooring Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 10

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 30-31-01-003-2930

Acceptable Financing Conventional, FHA, Owner May Carry, Other

Listing Terms Conventional, FHA, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11743325

Listed by Current Capital Realty
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9111 NW 4th Ave