$620,000
$649,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1,800 SqFt
SOLD DATE : 05/10/2021
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $344
Subdivision Bay Vista Park
MLS Listing ID A10958543
Sold Date 05/10/21
Construction Status Resale
HOA Y/N No
Year Built 1970
Annual Tax Amount $760
Tax Year 2019
Property Description
Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.
Location
State FL
County Miami-dade County
Community Bay Vista Park
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-24-002-0870
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Real Estate Sales Force
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "