$800,000
$825,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
2,910 SqFt
SOLD DATE : 02/15/2021
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,910 sqft
Price per Sqft $274
Subdivision Royal Palm Gardens
MLS Listing ID A10968667
Sold Date 02/15/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1941
Annual Tax Amount $6,848
Tax Year 2019
Contingent No Contingencies
Property Sub-Type Quadruplex
Property Description
Sale includes 8270 & 8280 NE 1 PL, Miami, FL 33138. LOCATED IN AN OPPORTUNITY ZONE. Interior showings only with an offer or LOI. Please do not disturb tenants. 5 units in the heart of Little River (Behind the Citadel Food Hall) on a 12,750 SF Corner lot Zoned T5. Future redevelopment opportunity to build up to 19 units on the lot by right. Updated interiors and exteriors Unit Mix: Four 1/1 + One 3/1. Buildings: One 2-story 4plex, and one single-family home (adjacent). Both properties must be purchased together. Generating $6,550/mo in gross rents ($78,600 annually) with very low operating expenses.
Location
State FL
County Miami-dade County
Community Royal Palm Gardens
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-12-008-0410
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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 Sigma Real Estate & Investment