This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.
Property Details
Price:
$3,100,000
MLS #:
A11527972
Status:
Active
Beds:
0
Baths:
0
Address:
11520 NE 6th Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Biscayne Park
Listed Date:
Feb 7, 2024
State:
FL
Finished Sq Ft:
6,700
ZIP:
33161
Year Built:
1939
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Wood
Heating
Wall/ Window Units
Exterior
Construction Materials
Frame With Stucco, Stucco
Parking Features
Common, Free Parking, Guest
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$36,471
Map
Community
- Address11520 NE 6th Ave Biscayne Park FL
- CityBiscayne Park
- CountyMiami-Dade County
- Zip Code33161
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Courtesy of Victoria Blintser Real Estate Group LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
11520 NE 6th Ave
Biscayne Park, FL
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