$650,000
$875,000
25.7%For more information regarding the value of a property, please contact us for a free consultation.
4,220 SqFt
SOLD DATE : 09/23/2020
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,220 sqft
Price per Sqft $154
Subdivision Biscayne Bch Sub
MLS Listing ID A10889768
Sold Date 09/23/20
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $9,089
Tax Year 2018
Contingent No Contingencies
Property Description
4 UNIT BLDG, TWO UNITS ARE 2 BEDS 2 BATH & TWO ARE 2 BEDS 1 BATH 953 SQ FT PER UNIT. THIS PROPERTY IS WAY UNDER MARKET RENT, WITH CURRENT INCOME OF $ 54,000 PER YEAR. RENTS CAN EASILY BE INCREASED UP TO $1900 + PER MONTH FOR EACH UNIT FOR ANNUAL TOTAL OF $ 91,200, AFTER RENOVATIONS -OR- RENT FOR $1600 "AS IS" A FEW STEPS FROM THE BEACH, RESTAURANTS, SHOPS, COLLINS AVE HOTELS, LOUNGES. LESS THAN 1 MILE DISTANCE TO SURFSIDE AND BAL HARBOUR SHOPS. MINUTES FROM SOUTH BEACH NIGHTLIFE, SHOPS AND RESTAURANTS. 4 PARKING SPACES. *** PLEASE DO NOT DISTURB TENANTS ***
Location
State FL
County Miami-dade County
Community Biscayne Bch Sub
Area 32
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Tar/Gravel,Tile
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-02-008-0390
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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