M
Seller's Agent in 2022
Marcello Trovato
Ferrarri International Realty
(718) 746-6750
4 in this area
8 Total Sales
--
Bed
--
Bath
5,194
Sq Ft
4,792
Sq Ft Lot
Highlights
- Room in yard for a pool
- Ceramic Tile Flooring
- Fenced
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of July 2022OPPORTUNITY ZONE. Must be purchased with MLS # A11103461, A11103982, A11103972, A11104020, package of 23 total rentable units. 1 - 3/2, 3 - 2/2, 18 - 2/1, 1 - office/warehouse. All right next to each other. Rents below current market values. All long term tenants. Most pay for their own water, electricity, garbage. Current cap rate at 7% with market rent adjustments cap rate can easily be over 9%. Asking price $160,000 a door. Proof of funds and/or pre-approval for details. PLEASE DO NOT DISTURB THE TENANTS, for any reason....
Accepting Back-up offers....
This is a 4-plex, on 2 lots. 1 unit - 3/2 private fenced in parking, 3 units - 2/2. Very big units, each one has a huge private fenced in yard and private parking in the front. Storage garage as well.
Last Agent to Sell the Property
Ferrarri International Realty License #3449204 Listed on: 09/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,830
Year Built
- Built in 1967
Lot Details
- 4,792
Parking
- 15 Parking Spaces
Home Design
- Quadruplex
- Slab Foundation
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 5,194 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Outdoor Features
- Room in yard for a pool
- Exterior Lighting
Additional Features
- Fenced
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number 16-78-25-005-0056
Community Details
Overview
- No Home Owners Association
- Palm Ave Heights Condos
- Palm Ave Heights Subdivision
Building Details
- Operating Expense $5,938
- Net Operating Income $42,062
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $620,000 | -3.1% | $119 / Sq Ft |
| 04/29/2022 04/29/22 | Pending | -- | -- | -- |
| 04/21/2022 04/21/22 | Price Changed | $640,000 | -8.6% | $123 / Sq Ft |
| 04/20/2022 04/20/22 | For Sale | $699,999 | 0.0% | $135 / Sq Ft |
| 04/20/2022 04/20/22 | Price Changed | $699,999 | +16.7% | $135 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | $599,999 | -- | $116 / Sq Ft |
Source: MIAMI REALTORS® MLS
Agents Affiliated with this Home
-
Marcello Trovato
-
Evelyn Hsu
Buyer's Agent in 2022
Evelyn Hsu
American Realty Capital Group, LLC.
(786) 897-9340
7 in this area
51 Total Sales
Source: MIAMI REALTORS® MLS
MLS Number: A11103461
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