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1259 NW 4th St, Miami FL 33125

Commercial Sale

1259 4th St

Miami, FL 33125

ML#:A11518511
List Price:$1,425,000
Status:Closed
Days on Market:8
Listing Brkr:Century 21 BE3
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:7500 sqft
Year Built:1969
Stories:2

General Information

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

Location Information

County:Miami-Dade County
Zip:33125
Subdivision:
Latitude:25.777574
Longitude:-80.215988

Additional Features

Flooring:Terrazzo
Heating:Wall/Window Units
Cooling:Wall/Window Unit(s)
Construction:CBS Construction
Waterfront:No
Furnished:Unfurnished

Financial Information

Annual Taxes (2023):$13,896
Days on Market:8

Remarks

Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!

Listing Agent

Miguel Salvat

Century 21 BE3

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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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