$1,350,000

Estimated payment $9,000/month

Total Views 86
-- Bed
-- Bath
3,269 Sq Ft
$413 Price per Sq Ft

Highlights

  • Garden View
  • Ceiling Fan
  • Vinyl Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

Completely restored and remodeled modern 5-unit CBS apartment building. Everything was replaced including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted and new in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished.

Listing Agent

Matan Morag

Regency Realty Services License #3124553

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,751

Year Built

  • Built in 1984

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,269 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Garden Views

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484235530020

Community Details

Overview

  • 4 Units
  • Palm Tree Subdivision

Building Details

  • Operating Expense $32,252
  • Net Operating Income $81,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,751

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I-95: Exit on W Atlantic Blvd; head east. Turn left on Blanche Ely Ave. Continue on NW 6th Ave until you reach 1109 NW 6th Ave.
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 3269.0

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 484235530020
  • Lot Size: 9831
  • Zoning Description: RM-20

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 81148.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 32252.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17751.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $1,350,000 -- $413 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11091478

BeachesMLS