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Multi Family - IDLEWILD PARK for Sale

1808 SW 3RD ST, MIAMI, FL 33135

Sold Price$1,400,000 Asking Price$1,399,999

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  • Days on market:

    20 day(s)
  • Adjusted Area:

    3264 sqft
  • Original Price:

    $1,399,999
  • Price per sqft:

    $351.05
  • Tax Legal Description:

    3 54 41 IDLEWILD PARK PB 2-87 LOT 1 LESS S96FT BLK 41 LOT SIZE 4900 SQUARE FEET OR 18708-3335 0799 1 COC 24272-0862 02 2006 1
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Roof:

    Other
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Window/Wall
  • Floor Description:

    Tile
  • Lot Features:

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

    None

Description

$1,399,999 • living size area 3988 sqft

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 6x1/1 apartments and 1 convenience store. gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 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. 5x1/1 paying $1300 and 1x1/1 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.

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