8262 NE 1st Ave new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33138
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,898 sqft
Price per Sqft $325
Subdivision Little River Gardens Amd
MLS Listing ID A11693310
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1969
Annual Tax Amount $28,732
Tax Year 2023
Property Description
Prime investment opportunity! Situated in a vibrant and rapidly developing neighborhood, this 3-story, 12-unit building features a total of 21 bedrooms and 12 bathrooms, offering a mix of spacious living spaces. The property is fully rented, ensuring consistent income and an attractive cap rate (available upon request). Each unit is equipped with central AC, and a common laundry area on-site. The building has a newer roof. This up-and-coming area is experiencing significant growth, with new developments, trendy restaurants, and boutique shops popping up nearby. The area’s continued revitalization promises increasing property values and rental demand, making this an ideal time to invest in a property that’s positioned for long-term appreciation.
Location
State FL
County Miami-dade
Community Little River Gardens Amd
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Concrete
Total Parking Spaces 17
Building
Lot Description < 1/4 Acre
Story 3
Sewer Public Sewer
Architectural Style Fourplex
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-12-012-0530
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan