NOT LISTED FOR SALE
-- Bed
-- Bath
20,250 Sq Ft
0.5 Acres

Last Sold May 02, 2014

Last sale price $2,650,000 $131 Per Sq Ft

268 Days on Market

About This Home

As of May 2014

AMAZING INVESTMENT OPPORTUNITY IN HIALEAH, EXCELLENT CONDITIONS LOCATED ON NICE AREA, CLOSE TO CITY HALL, PUBLIC TRANSPORTATION AND SHOPPING AREA. SOME TENANTS LIVING THERE FOR 17 YEARS. NEW A/C. NOW IS RENTED UNDER MARKET AVERAGE. THERE ARE 26 APARTAMENT S(11 Units with 2 Hab/1Bath & 15 Units 1 Hab/1Bath. GROSS INCOME $290,000 - NET INCOME $237,654 - CAP RATE 7.5%. PLEASE DO NOT DISTURB THE TENANTS. THANKS

Last Agent to Sell the Property

Anthony Cecchini

MMLS Assoc.-Inactive Member License #0418290 Listed on: 08/08/2013

Last Buyer's Agent

Ray Jourdain

Urbaniza Realty License #57057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,052

Year Built

  • Built in 1968

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 150x135

Location

  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Town Of Hialeah Condos
  • Town Of Hialeah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-18-001-1900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,052

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1968
  • Property Sub Type: Multi Family
  • Directions: SEE MAP REQUEST
  • Horses: No
  • Lot Size Acres: 0.5
  • Lot Size: 150x135
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Multi Family
  • Subdivision Name: TOWN OF HIALEAH
  • Special Features: None

Interior Features

  • Possible Use: Investment, Central Urban, Other Plan Use

Exterior Features

  • View: None
  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIALEAH

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 04-31-18-001-1900
  • Additional Parcels: No
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 20250
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 35052
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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 List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $2,650,000 -13.1% $131 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $3,050,000 -- $151 / Sq Ft
Source: MIAMI REALTORS® MLS

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1825735

MIAMI REALTORS® MLS