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$3,100,000
Est. payment /mo
7,324 SqFt
UPDATED:
09/30/2024 09:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,324 sqft
Price per Sqft $423
MLS Listing ID A11589552
HOA Y/N No
Year Built 1962
Annual Tax Amount $14,844
Lot Size 0.308 Acres
Property Sub-Type Multi Family
Property Description
This is a rare opportunity to acquire two well-maintained apartment buildings totaling 15 units in two of Miami's fastest-growing neighborhoods: Allapattah and Hialeah. Situated in prime locations, these properties offer a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $310,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market !
Allappattah building is zoned T4-R. Hialeah building is zoned R3D.
The other building is located at 265 E 7th St Hialeah 33010.
Allappattah building is zoned T4-R. Hialeah building is zoned R3D.
The other building is located at 265 E 7th St Hialeah 33010.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 01-31-27-042-0100
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11589552
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Listed by JMK Real Estate Agents LLC