265 NE 118th Ter Miami FL 33161 MLS #A11589459

265 NE 118th Ter
Miami, FL, 33161
$949,000
Beds
0 Baths
2,551 SqFt
0 Acres
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Fantastic opportunity to own a well-maintained triplex in the heart of Miami. Ideal for a new investor to renovate and live in one unit. Property features hurricane shutters for all windows and doors. Each unit has a dedicated washer/dryer, backyard/porch, and individual electric meter, with a master water meter paid by the landlord. The oversized 15,560 sq/ft lot offers potential for revenue increase and zoned for add 2-9 units. UNIT 1 is newly renovated with a marble island, new stainless steel appliances, central AC, updated tile flooring, new blinds, and a renovated bathroom. UNIT 2 is in original condition, and UNIT 3 is partially renovated and offers a great opportunity to convert a bedroom into a 4th unit. **DO NOT DISTURB/TRESSPASS *OWNER OCCUPIED*

Property Details

Price:
$949,000
MLS #:
A11589459
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
HALOCK-SEC 1
City:
Miami
Listed Date:
May 22, 2024
State:
FL
Finished Sq Ft:
2,551
ZIP:
33161
Year Built:
1959
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Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Attached, Other
Construction Materials
C B S Construction
Exterior Features
Room For Pool
Parking Spots
6
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%%
Tax Year
2024
Taxes
$14,219

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Community

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265 NE 118th Ter
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