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Buy a multi-family propertyat 212 NW 7th Ave, Miami, FL 33128

$1,300,000

$0/mo

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Multifamily

3,148 Sq. Ft.

471 Days on market

A11324650 MLS ID

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About 212 NW 7th Ave multi-family property

Great investor/developer opportunity in Miami’s vibrant Little Havana neighborhood. Zoned T6-8-R (potential to build up to an 8-story structure). 5000 SF of land. Existing building is a 2-story fourplex. Each unit is 2BR/1BA with tile & terrazzo flooring, separate electric meter, washer/dryer hook-up and parking space. Current tenants are on month-to-month leases and pay below market rental rates. Ideally located close to shopping & dining in Coral Gables, downtown Miami, Brickell & the Beaches. Minutes to major highways for easy access throughout South Florida.
Great investor/developer opportunity in Miami’s vibrant Little Havana neighborhood. Zoned T6-8-R (potential to build up to an 8-story structure). 5000 SF of land. Existing building is a 2-story fourplex. Each unit is 2BR/1BA with tile & terrazzo flooring, separate electric meter, washer/dryer hook-up and parking space. Current tenants are on month-to-month leases and pay below market rental rates. Ideally located close to shopping & dining in Coral Gables, downtown Miami, Brickell & the Beaches. Minutes to major highways for easy access throughout South Florida.

Property details

House

Architectural Style: Detached

Building Area Total: 3148

Building Area Units: Square Feet

Building Features: Laundry Facility

Building Name: CITY OF MIAMI SOUTH

Construction Materials: CBS Construction

Living Area: 3148

Living Area Units: Square Feet

Stories: 2

Stories Total: 2

Structure Type: Quadruplex, Fourplex

Year Built: 1973

Year Built Details: Resale

Location

City: Miami

Coordinates: "-80.2063565", "25.7760192"

County Or Parish: Miami-Dade County

Latitude: 25.7760192

Longitude: -80.2063565

MLS Area Major: City Of Miami South

Postal Code: 33128

Postal Code Plus 4: 1559

State Or Province: FL

Street Dir Prefix: NW

Street Name: 7th Ave

Street Number: 212

Street Number Numeric: 212

Subdivision Name: CITY OF MIAMI SOUTH

Unparsed Address: 212 NW 7th Ave, Miami FL 33128

Cooling

Cooling: Wall/Window Unit(s)

Cooling YN: t

Exterior Features

Exterior Features: Balcony, Open Balcony

Patio And Porch Features: Open Balcony

Floors

Flooring: Terrazzo, Tile

Heating

Heating: Window/Wall

Heating YN: t

Listing

Listing Id: A11324650

Listing Terms: All Cash, Conventional

List Price: 1300000

Mls Status: Active

Number Of Units In Community: 4

Number Of Units Total: 4

Rent Includes: Sewer, Trash Collection, Water

Standard Status: Active

Lot

Lot Features: Less Than 1/4 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 01-02-00-030-1230

Property Sub Type: Quadruplex

Property Type: Residential Income

Parking

Parking Total: 4

Possession

Possession: Funding

Taxes

Tax Annual Amount: 11808

Tax Exemptions: Tax Reflects Other Tax Exemption

Tax Legal Description: CITY OF MIAMI SOUTH PB B-41 N50FT OF S100FT LOTS 19-20 BLK 3 OR 12636-587 0985 1

Tax Year: 2022

Monthly cost

Estimated monthly cost

$8,425/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,222,000

+$39,000

$1,261,000

Seller agent commission$39,000 (3%)*

$0 (0%)

Buyer agent commission$39,000 (3%)*

$39,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Aug 8, 2023 at 4:41 p.m.

Data updated: Jun 30, 2023 at 8:25 p.m.

Courtesy of Compass Florida, LLC.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 MIAMI and Miami REALTORS®. All Rights Reserved.

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