Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami.
4 units are – 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.
4 units are – 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.
Property Details
Price:
$999,999
MLS #:
A11586105
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PALM GROVE
City:
Miami
Listed Date:
May 12, 2024
State:
FL
Finished Sq Ft:
2,711
ZIP:
33145
Year Built:
1926
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Ceramic Floor
Heating
Central, Window/ Wall
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
10
Roof
Flat Roof With Facade Front
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$9,582
Map
Community
- Address2358 SW 18th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33145
Similar Listings Nearby
- 246 NW 34th Ter
Miami, FL$1,295,000
4.26 miles away
- 145 NW 33rd St
Miami, FL$1,295,000
4.26 miles away
- 2221 SW 26th Lane
Miami, FL$1,275,000
0.76 miles away
Miami, FL$1,275,000
2.71 miles away
- 1050 SW 11th St
Miami, FL$1,275,000
1.43 miles away
- 2810 SW 16th Ter
Miami, FL$1,250,000
0.42 miles away
Courtesy of Florida Bankers Realty, Inc.. 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.
2358 SW 18th St
Miami, FL
LIGHTBOX-IMAGES