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Buy a multi-family propertyat 116-118 NW 45th Ave, Miami, FL 33126

$755,000

$0/mo

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Multifamily

2,380 Sq. Ft.

4 Days on market

A11357385 MLS ID

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About 116-118 NW 45th Ave multi-family property

Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today's market $5,600 month 9% Cap Rate. Tenants are month to month.
Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today's market $5,600 month 9% Cap Rate. Tenants are month to month.

Property details

House

Architectural Style: Attached

Building Area Total: 2495

Building Area Units: Square Feet

Building Name: HENRY FORD SUB NO 1

Construction Materials: CBS Construction

Living Area: 2380

Living Area Units: Square Feet

Stories: 1

Stories Total: 1

Structure Type: Duplex

Year Built: 1985

Year Built Details: Resale

Location

City: Miami

Coordinates: "-80.2695305", "25.7730557"

County Or Parish: Miami-Dade County

Latitude: 25.7730557

Longitude: -80.2695305

MLS Area Major: Henry Ford Sub No 1

Postal Code: 33126

Postal Code Plus 4: 5344

State Or Province: FL

Street Dir Prefix: NW

Street Name: 45th Ave

Street Number: 116-118

Street Number Numeric: 116

Subdivision Name: HENRY FORD SUB NO 1,HENRY FORD SUB

Unparsed Address: 116-118 NW 45th Ave, Miami FL 33126

Cooling

Cooling: Central Air

Cooling YN: t

Floors

Flooring: Tile

Heating

Heating: Central

Heating YN: t

Listing

Listing Id: A11357385

Listing Terms: Cash, Conventional

List Price: 755000

Mls Status: Active

Number Of Units In Community: 2

Number Of Units Total: 2

Rent Includes: Sewer, Trash Collection

Standard Status: Active

Lot

Lot Features: Less Than 1/4 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 01-41-05-016-0780

Property Sub Type: Duplex

Property Type: Residential Income

Parking

Parking Total: 6

Possession

Possession: Funding

Taxes

Tax Annual Amount: 9815

Tax Legal Description: HENRY FORD SUB NO 1 PB 9-91 LOTS 3 AND 4 BLK 6 LOT SIZE 53.160 X 140 OR 19951-3273 09/2001 4 COC 25919-1667 08 2007 5

Tax Year: 2022

Windows

Window Features: Complete Panel Shutters/Awnings, Blinds, Sliding

Monthly cost

Estimated monthly cost

$4,893/mo

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

Sale and tax history

Sales history

Date

Nov. 7, 2011

Price

$255,000

Date

Feb. 2, 2007

Price

-

DatePrice
Nov. 7, 2011$255,000
Feb. 2, 2007-

Schools

This home is within the Miami-dade County Public Schools.

Coral Gables & Miami & West Miami enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$709,700

+$22,650

$732,350

Seller agent commission$22,650 (3%)*

$0 (0%)

Buyer agent commission$22,650 (3%)*

$22,650 (3%)*

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

Get $22,650 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Mar. 20, 2023 at 9:14 a.m.

Data updated: Mar. 16, 2023 at 8:27 p.m.

Listing modified: Mar. 16, 2023 at 2:00 a.m.

Courtesy of Brown Harris Stevens.
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 © 2023 MIAMI and Miami REALTORS®. All Rights Reserved.

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