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Multi Family - CITY OF MIAMI SOUTH for Sale

701 NW 1ST ST, MIAMI, FL 33128

Asking Price$1,350,000

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  • Days on market:

    32 day(s)
  • Adjusted Area:

    3159 sqft
  • Original Price:

    $1,350,000
  • Price per sqft:

    $384.62
  • Tax Legal Description:

    CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Roof:

    Flat Roof With Facade Front
  • Cooling Description:

    ElectricWall/Window Unit(s)
  • Heating Description:

    Window/WallElectric
  • Floor Description:

    Tile
  • Lot Features:

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

    None

Description

$1,350,000 • living size area 3510 sqft

Situated next to brickell and the miami river, just 1 minute from brickell and popular spots like sea spice / kiki on the river. this multifamily property already generates an annual gross income of $108,000, making it a solid investment with positive cash flow from day one. riverside is a vibrant area in miami-dade county. it offers residents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. most residents rent their homes. just 5 minutes away from brickell and 10 minutes from downtown miami and wynwood. the property offers parking availability and is located in a zone with excellent potential for future appreciation.

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