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529 NW 88th St, El Portal FL 33150

Commercial Sale

529 88th St

El Portal, FL 33150

ML#:A11611001
List Price:$2,400,000
Status:Closed
Days on Market:237
Listing Brkr:The Alpha Commercial Advisors LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:43496 sqft
Year Built:1940
Stories:

General Information

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

Location Information

County:Miami-Dade County
Zip:33150
Subdivision:
Latitude:25.855641
Longitude:-80.206091

Financial Information

Annual Taxes:$32,054
Original Price:$2,800,000
Days on Market:237

Remarks

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

Listing Agent

Jamie Maniscalco

The Alpha Commercial Advisors 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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