$ 2,999,999
400 NW South River Dr Miami, FL 33128
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$ 2,999,999
Est. payment | /mo
5,320 SqFt
$ 2,999,999
Est. payment | /mo
5,320 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,320 sqft
Price per Sqft $563
MLS Listing ID A11571371
HOA Y/N No
Year Built 1923
Annual Tax Amount $9,271
Lot Size 3,720 Sqft
Property Description
GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
Location
State FL
County Miami-dade
Area 41
Others
Tax ID 01-41-38-003-0100
Listed by London Foster Realty
Learn More About LPT Realty
NinaMichelle Sanders
Realtor® | License ID: 3472672