Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6×1/1 apartments and 1 convenience store. Gated access to top floor which features 4×1/1 apartments. 1 apartment in the front of the building and 1×1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5×1/1 paying $1300 and 1×1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.
Property Details
Price:
$1,399,999
MLS #:
A11576545
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1808 SW 3rd St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
IDLEWILD PARK
City:
Miami
Listed Date:
Apr 26, 2024
State:
FL
Finished Sq Ft:
3,988
ZIP:
33135
Year Built:
1930
Units:
7
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
Window/ Wall
Exterior
Architectural Style
Detached
Roof
Other
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$8,059
Map
Community
- Address1808 SW 3rd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
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Courtesy of Navigate Real Estate, 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.
1808 SW 3rd St
Miami, FL
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