NOT LISTED FOR SALE
-- Bed
-- Bath
4,759 Sq Ft
1965 Built

Last Sold August 16, 2019

Last sale price $810,000 $170 Per Sq Ft

45 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Heating Available
  • Wood Flooring
  • Cooling Available

About This Home

As of August 2019

Amazing opportunity to purchase am extremely well maintained 6 unit multifamily free standing building in North Miami Beach, just a short walk from W Dixie Highway, Biscayne Blvd., and NE 163rd St. The building is 100% occupied with long time tenants willing to stay even with rent increases. One of the 2 bedroom units is renovated, the rest are in well maintained condition. ALL UNITS ARE BELOW MARKET RENTS! GREAT VALUE ADD OPPORTUNITY WITH HEALTHY IN PLACE INCOME MAKING 6% RETURN ON FULL ASKING PRICE!

Last Agent to Sell the Property

Jason Abitbol

APEX Capital Realty LLC License #3354200 Listed on: 07/10/2019

Last Buyer's Agent

Jason Abitbol

APEX Capital Realty LLC License #3354200 Listed on: 07/10/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,523

Year Built

  • Built in 1965 | Newly Remodeled

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,759 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Fulford By The Sea Sec F Condos
  • Fulford By The Sea Sec F Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 07-22-16-001-0200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,523

Year Built

Built in 1965 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Property Sub Type: Quadruplex
  • Directions: NE 163RD ST AND NE 19TH AVE. HEAD NORTH ON NE 19TH AVE TO NE 167TH ST AND MAKE A RIGHT.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FULFORD BY THE SEA SEC F
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Carpet, Ceramic Floor, Wood
  • Living Area: 4759
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FULFORD BY THE SEA SEC F

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 07-22-16-001-0200
  • Zoning: RM-23
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10523

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 6

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
08/16/2019 08/16/19 Sold $810,000 -4.7% $170 / Sq Ft
07/02/2019 07/02/19 For Sale $850,000 -- $179 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10700525

MIAMI REALTORS® MLS