$620,000
$640,000
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Address not disclosed Florida City, FL 33034
5,194 SqFt
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,194 sqft
Price per Sqft $119
Subdivision Palm Ave Heights
MLS Listing ID A11103461
Style Fourplex
Year Built 1967
Annual Tax Amount $5,830
Tax Year 2020
Property Description
OPPORTUNITY ZONE. Must be purchased with MLS # A11103461, A11103982, A11103972, A11104020, package of 23 total rentable units. 1 - 3/2, 3 - 2/2, 18 - 2/1, 1 - office/warehouse. All right next to each other. Rents below current market values. All long term tenants. Most pay for their own water, electricity, garbage. Current cap rate at 7% with market rent adjustments cap rate can easily be over 9%. Asking price $160,000 a door. Proof of funds and/or pre-approval for details. PLEASE DO NOT DISTURB THE TENANTS, for any reason....
Accepting Back-up offers....
This is a 4-plex, on 2 lots. 1 unit - 3/2 private fenced in parking, 3 units - 2/2. Very big units, each one has a huge private fenced in yard and private parking in the front. Storage garage as well.
Location
State FL
County Miami-dade County
Community Palm Ave Heights
Area 78
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Other, Tile
Exterior
Exterior Feature Fence, Lighting, Room For Pool
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Concrete
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
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Bought with American Realty Capital Group, LLC.