1418 35th St,Old Spanish, Triplex, Beverly Heights

1418 35th St, Miami, Florida, 33142

Price $520,000.00

  • Lot size 2331
  • Year Build 1930
  • Waterfront
  • Zip 33142
  • Style Old Spanish
  • Parking Description
  • Pool Yes
  • Status Active
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Description

Great investment property with a rarely found high monthly cash flow. 8% CAP rate. Good long-term tenants and a possibility of new constructions on the lot for an additional income. Fully remodeled triplex with title floors throughout, granite counter tops, stainless steel appliances and a new laundry room on premises with a 3 years warranty. Conveniently located in a hot Allapattah market just minutes from MIA airport, Downtown, Wynwood, Design District, shops and many more. The property is gated. Fruit trees garden at the backyard. Please don't disturb tenants.

Two buildings: one is operating as a 3b/2b and 0b/1b duplex, another is 1b/1b. Recorded as a single family home, duplex zoning. Please check official records for the more accurate information. As Is. Cash only. Please see an attachment for profits/expenses and CAP rate calculations. Showings after receiving a contract with a contingency upon viewing and a proof of funds.

BEVERLY HGTS PB 6-164 LOT 13 BLK 3 & N/2 OF ALLEY LYG S & ADJ CLOSED PER ORD 13492 LOT SIZE 5680 SQ FT M/L OR 18896-3069 10 1999 4 COC 25366

Less Than 1/4 Acre Lot

Great investment property with a rarely found high monthly cash flow. 8% CAP rate. Good long-term tenants and a possibility of new constructions on the lot for an additional income. Fully remodeled triplex with title floors throughout, granite counter tops, stainless steel appliances and a new laundry room on premises with a 3 years warranty. Conveniently located in a hot Allapattah market just minutes from MIA airport, Downtown, Wynwood, Design District, shops and many more. The property is gated. Fruit trees garden at the backyard. Please don't disturb tenants.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2020,Cooling Y N:1,Heating Y N:1,List Price:520000,Listing Id:A10977253,Mls Status:Active,Year Built:1930,Living Area:1932,Postal Code:33142,Street Name:35th St,Coordinates:1:25.8085562,Photos Count:24,Building Name:BEVERLY HEIGHTS,Days On Market:305,Lot Size Units:Square Feet,M L S Area Major:Beverly Heights,On Market Date:2021-01-02,Parcel Number:01-31-26-038-0500,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Sewer,4:Trash Collection,5:Water,Stories Total:1,Street Number:1418,M I A M I R E_ Style:Triplex,Public Remarks:Great investment property with a rarely found high monthly cash flow. 8% CAP rate. Good long-term tenants and a possibility of new constructions on the lot for an additional income. Fully remodeled triplex with title floors throughout, granite counter tops, stainless steel appliances and a new laundry room on premises with a 3 years warranty. Conveniently located in a hot Allapattah market just minutes from MIA airport, Downtown, Wynwood, Design District, shops and many more. The property is gated. Fruit trees garden at the backyard. Please don't disturb tenants.,County Or Parish:Miami-Dade County,Expiration Date:2022-01-02,Private Remarks:Two buildings: one is operating as a 3b/2b and 0b/1b duplex, another is 1b/1b. Recorded as a single family home, duplex zoning. Please check official records for the more accurate information. As Is. Cash only. Please see an attachment for profits/expenses and CAP rate calculations. Showings after receiving a contract with a contingency upon viewing and a proof of funds.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5550,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:BEVERLY HEIGHTS,Tax Annual Amount:7135,Unparsed Address:1418 NW 35th St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2331,Building Area Units:Square Feet,Lot Size Square Feet:2331,M I A M I R E_ L P Amt Sq Ft:269.1511,Original List Price:520000,Public Survey Range:31,Documents Available:1:Deposit - Security,2:Copy Of Lease(S),I D X Participation Y N:1,Syndication Remarks:Great investment property with a rarely found high monthly cash flow. 8% CAP rate. Good long-term tenants and a possibility of new constructions on the lot for an additional income. Fully remodeled triplex with title floors throughout, granite counter tops, stainless steel appliances and a new laundry room on premises with a 3 years warranty. Conveniently located in a hot Allapattah market just minutes from MIA airport, Downtown, Wynwood, Design District, shops and many more. The property is gated. Fruit trees garden at the backyard. Please don't disturb tenants.,Listing Contract Date:2021-01-02,Originating System I D:miamire,Public Survey Section:26,Showing Instructions:See Broker Remarks,Street Number Numeric:1418,Tax Legal Description:BEVERLY HGTS PB 6-164 LOT 13 BLK 3 & N/2 OF ALLEY LYG S & ADJ CLOSED PER ORD 13492 LOT SIZE 5680 SQ FT M/L OR 18896-3069 10 1999 4 COC 25366,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:1392,Contract Status Change Date:2021-01-02,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:269.15,Internet Automated Valuation Display Y N:1,

  • Price $520,000.00
  • Price Change: 2021-01-02
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1930
  • Waterfront
  • View
  • Pool Yes
  • Style Old Spanish
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-01-02
  • Days on Market 332
  • Furnished
  • City Miami
  • Zip 33142
  • State Florida
  • Subdivision BEVERLY HEIGHTS
  • Development Name BEVERLY HEIGHTS, Beverly Heights
  • HOA Fees
  • Taxes 7135
  • Taxes Year 2020