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Business Opportunity - BISCAYNE GDNS SEC C for Sale

151 NW 164TH ST, NORTH MIAMI BEACH, FL 33169

Asking Price$900,000

Share by:
  • Living 650sqft
  • Year Built 1967
  • Days on market:

    36 day(s)
  • Price per sqft:

    $1384.62
  • Tax Legal Description:

    BISCAYNE GDNS SEC C PB 40-54LOT 750 LESS W43FT LOT SIZE 89.090 X 141 OR 20951-1144 01 2003 1 COC
  • Tax Year:

    2022
  • Property Type:

    Business Opportunity
  • Style:

    Fourplex
  • Construction Type:

    Concrete Block Construction
  • Cooling Description:

    Wall/Window Unit CoolingCeiling Fans
  • Heating Description:

    Window/WallElectric Heat
  • Floor Description:

    Tile FloorsCeramic FloorTerrazzo Floors
  • Sewer Description:

    Septic Tank
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$900,000 • living size area 650 sqft

This 4-plex is situated right off of the golden glades interchange and is situated on a 12,000 sqft lot. the golden glades corridor is under massive redevelopment and could be a great investment opportunity. this 4-plex is currently producing a 6% cap rate with the ability to increase the rent with a just little bit of value add. could bring closer to a 7.5% cap rate. don't miss out on this opportunity. do not disturb tenants
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