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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

7721 DUNHAM BLVD, MIAMI, FL 33138

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Income/MultiFamily - for Sale

7721 DUNHAM BLVD, MIAMI, FL 33138

Date Sold 07-22-2024

Sold Price$2,225,000 Asking Price$2,350,000

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  • Days on market:

    32 day(s)

  • Original Price:

    $2,350,000

  • Tax Legal Description:

    HAYNGWORTH VILLAGE PB 44-54 LOTS 11 & 12 BLK 4 LOT SIZE 12000 SQ FT OR 14806-3937 1290 5

  • Property Type:

    Income/MultiFamily

  • Parking:

    Assigned

  • Inclusions:

    Building & Land,Leases

  • Special Listing Conditions:

    Sale

  • Lot Features:

    City LocationIn Residential Area

Description

$2,350,000

Great investment close to biscayne bay located in desirable upper east miami and next to north bay village, shorecrest and miami shores. east of biscayne blvd, half a block to ne 79 st and steps from the bay. well-maintained 6-unit property on large 12,000 sf. unit breakdown: 6 3/2 units. solid income $164,400. noi 118k. 5% cap rate. upside in rents, t-5-r zoning allows building up to 5 stories. safe, convenient location and tenant-friendly property.

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