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Off market

Buy a multi-family propertyat 8340 SW 122nd St, Miami, FL 33156

$1,000,000

$1,050,000 (-4.76%)

$0/mo

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Multifamily

2,282 Sq. Ft.

602 Days on market

A11266006 MLS ID

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About 8340 SW 122nd St multi-family property

Fantastic opportunity to buy a duplex in the Vineland Elementary / Palmetto School district. This property is in an ideal location where there is tremendous building and growth opportunity and close to the bus way. One unit has 3 bedrooms/2 bath and is grossing $2,100 a month and the other is a 2 bedroom/1 bath grossing $1,400 per month. Lot size is 12,320 sqft. This duplex has a new roof, the home is located in the best school district, and the duplex has 2 separate FPL meters.
Fantastic opportunity to buy a duplex in the Vineland Elementary / Palmetto School district. This property is in an ideal location where there is tremendous building and growth opportunity and close to the bus way. One unit has 3 bedrooms/2 bath and is grossing $2,100 a month and the other is a 2 bedroom/1 bath grossing $1,400 per month. Lot size is 12,320 sqft. This duplex has a new roof, the home is located in the best school district, and the duplex has 2 separate FPL meters.

Property details

House

Architectural Style: Attached

Building Area Total: 3357

Building Area Units: Square Feet

Building Name: GLADES PROFESSIONAL PROPE

Construction Materials: CBS Construction

Living Area: 2282

Living Area Units: Square Feet

Stories: 1

Stories Total: 1

Structure Type: Duplex

Year Built: 1955

Year Built Details: Resale

Location

City: Miami

Coordinates: "-80.3290354", "25.6561838"

County Or Parish: Miami-Dade County

Latitude: 25.6561838

Longitude: -80.3290354

MLS Area Major: Glades Professional Prope

Postal Code: 33156

Postal Code Plus 4: 5120

State Or Province: FL

Street Dir Prefix: SW

Street Name: 122nd St

Street Number: 8340

Street Number Numeric: 8340

Subdivision Name: GLADES PROFESSIONAL PROPE

Unparsed Address: 8340 SW 122nd St, Miami FL 33156

Cooling

Cooling: Ceiling Fan(s), Central Air

Cooling YN: t

Floors

Flooring: Tile

Heating

Heating: Central

Heating YN: t

Listing

Listing Id: A11266006

Listing Terms: Conventional

List Price: 1000000

Mls Status: Active

Number Of Units In Community: 2

Rent Includes: None

Standard Status: Active

Total Actual Rent: 3500

Lot

Lot Features: 1/4 To Less Than 1/2 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 30-50-15-036-0020

Property Sub Type: Duplex

Property Type: Residential Income

Parking

Parking Total: 4

Possession

Possession: Funding

Taxes

Tax Annual Amount: 6421

Tax Legal Description: 0.28 AC M/L GLADES PROFESSIONAL PROPERTY PB 93-12 TRACT B PR ADD 8340-42 SW 122 ST LOT SIZE 12320 SQUARE FEET OR 14269-601 0989 4

Tax Year: 2021

Water

Water Source: "Municipal Water"

Monthly cost

Estimated monthly cost

$6,481/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$940,000

+$30,000

$970,000

Seller agent commission$30,000 (3%)*

$0 (0%)

Buyer agent commission$30,000 (3%)*

$30,000 (3%)*

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

Get $30,000 more selling your home
with an Unreal Estate agent

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

Data updated: Jun 8, 2023 at 1:40 p.m.

Courtesy of RE/MAX Advance Realty.
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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