Address
1293 NE 109th St Miami, FL
Price
$ 944,150
Property Attributes
  • MLS#A10998883
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami
  • Area22
  • Zip33161
  • StyleMultiFamily
  • Year Built1946
  • Taxes6865
  • Price$ 944,150
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12,500 SqFt
Listing Provided Courtesy Of:
Casa USA Brokers
Data Source:
Southeast Florida MLS SEFMLS
Property Description

6% cap as is 7% in 6 months. Incredible opportunity for investors. Can be transformed in AIRBNB or REDEVELOPED (14 units) Close to Aventura, Wynwood and downtown Miami. 1 block from Biscayne, Aldi supermarket, new Dunkin Donuts, Citibank and Fontana Shops. Plenty of parking. This is a 7 units being used as a 5 units 2x 2bed/2bath + 3x 1/1. Building being renovated. Most of the work already done.Step in now and keep the upside. Enjoy a 7% cap while you wait for the appreciation. Huge 12,500 sqf corner lot that can be redeveloped to 14 units or used as an AIRBNB for short term rentals and bring a 20% return. Actually: Units 1 and 2 - 2Bed 2Baths rented at $1,650 Each Units 3, 4, 5 - 1Bed/1Baths rented at $1,150 each See Rent roll survey and floor plan in attachments

Price History
2/13/2021 Listed $944,150

General Features

MLS Area 22
Property SubType MultiFamily
Property Type CommercialSale
Structure Type MultiFamily
Terms Cash, Conventional, Item1031Exchange
Zoning Description 3700

Exterior Features

Covered Spaces 0.0
Lot Size Area 12500.0
Lot Size Square Feet 12500.0
Lot Size Units SquareFeet
Number of Buildings 1
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33161

Price
AVG $2.33M
$940K
Taxes
AVG $20,726
$6,865
Visits
AVG 185
9
Year Built
AVG 1959
1946
Walkscore
AVG 74
71
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover