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817 NW 2nd St, Miami FL 33128

Commercial Sale

817 2nd St

Miami, FL 33128

ML#:A10692934
List Price:$1,100,000
Status:Closed
Days on Market:93
Listing Brkr:Eleventrust LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):5,569
Lot Size:7500 sqft
Year Built:1974
Stories:2

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33128
Subdivision:
Latitude:25.775580
Longitude:-80.208510

Additional Features

Flooring:Tile, Wood
Heating:Wall/Window Units
Cooling:Wall/Window Unit(s)
Construction:CBS Construction
Waterfront:No
Security:Smoke Detector(s), Security Fence

Financial Information

Annual Taxes (2018):$12,559
Days on Market:93

Remarks

Eleventrust is proud to present 817 Beach Holdings Group. 817 NW 2nd St. is a (6) unit apartment building located in Little Havana. The building was built in 1974 with concrete slab, concrete framing, wall AC's, flat roof, asphalt parking, chain link fence. 817 houses (4) two bedroom and one and a half bath units averaging 942 Sq. Ft. and (2) two bedroom and two bath units averaging 900 Sq. Ft. which total 5,569 Sq. Ft. of rental space. The building sits on a 7,500 Sq. Ft. lot that is zoned T4-R. Currently the building is running on 5.32% cap rate so investor has the opportunity to invest 5k-10k per unit to bring the two bedrooms to $1450 and while holding can enjoy close to a 6% cap rate.

Listing Agent

David Fermoselle

Eleventrust LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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