7111 16th St,Attached, Other, Duplex, Triplex, Duplex, Ronca Sub

7111 16th St, Miami, Florida, 33155

Price $799,000.00

  • Lot size 4139
  • Year Build 1980
  • Waterfront
  • Zip 33155
  • Style Attached, Other
  • Parking Description
  • Pool Yes
  • Status Active With Contract
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Description

Great opportunity to own a multi-family income property in an excellent location! This property has 3 spacious units, all rented to long term tenants with an excellent rental record. All units are completely independent with private entrances and up to 10 cars front parking spaces. The front unit is a 4 bedroom/3 baths, the second floor unit is a 3/2 and the back apartment is a 2/1. All the renovation work in this property has been done with permits, all units have independent electrical meters, all with living, dining and complete kitchens, A/C, ceiling fans and more. The patio area is roomy and has a storage unit. The house is located in the heart of Miami, only minutes from Coral Gables, Downtown Miami, Nicklaus Children Hospital and much more. This unique opportunity is priced to sell!

Submit all offers via MLS Offers: http://www.mlsoffers.com/propertysearch.php?mls=A11100730 Seller motivated, offering a 3.5% commission for buyer's agent. Please do not disturb Tenants. Property is 100% tenant occupied. Please contact Guillermo for showings or more information at 786.286.1825

RONCA SUB PB 110-80 LOT 1 BLK 1 LOT SIZE 10289 SQ FT OR 17743-4307 0797 4

Less Than 1/4 Acre Lot

Great opportunity to own a multi-family income property in an excellent location! This property has 3 spacious units, all rented to long term tenants with an excellent rental record. All units are completely independent with private entrances and up to 10 cars front parking spaces. The front unit is a 4 bedroom/3 baths, the second floor unit is a 3/2 and the back apartment is a 2/1. All the renovation work in this property has been done with permits, all units have independent electrical meters, all with living, dining and complete kitchens, A/C, ceiling fans and more. The patio area is roomy and has a storage unit. The house is located in the heart of Miami, only minutes from Coral Gables, Downtown Miami, Nicklaus Children Hospital and much more. This unique opportunity is priced to sell!

City:Miami,Zoning:5700,Cooling:1:Central Air,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2020,Cooling Y N:1,Heating Y N:1,List Price:799000,Listing Id:A11100730,Mls Status:Active With Contract,Year Built:1980,Living Area:3854,Postal Code:33155,Street Name:16th St,Contingency:No Contingencies,Coordinates:1:25.75584,Photos Count:28,Building Name:RONCA SUB,Days On Market:44,Listing Terms:1:Cash,2:Conventional,3:FHA,4:FHA 203K,5:FHA-Va Approved,6:Owner Will Carry,7:VA Loan,Lot Size Units:Square Feet,M L S Area Major:Ronca Sub,On Market Date:2021-09-20,Parcel Number:30-40-11-032-0010,Parking Total:10,Property Type:Residential Income,Stories Total:2,Street Number:7111,M I A M I R E_ Style:Triplex,Public Remarks:Great opportunity to own a multi-family income property in an excellent location! This property has 3 spacious units, all rented to long term tenants with an excellent rental record. All units are completely independent with private entrances and up to 10 cars front parking spaces. The front unit is a 4 bedroom/3 baths, the second floor unit is a 3/2 and the back apartment is a 2/1. All the renovation work in this property has been done with permits, all units have independent electrical meters, all with living, dining and complete kitchens, A/C, ceiling fans and more. The patio area is roomy and has a storage unit. The house is located in the heart of Miami, only minutes from Coral Gables, Downtown Miami, Nicklaus Children Hospital and much more. This unique opportunity is priced to sell!,Structure Type:1:Duplex,County Or Parish:Miami-Dade County,Expiration Date:2022-09-19,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:1576,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:RONCA SUB,Tax Annual Amount:8857,Total Actual Rent:57600,Unparsed Address:7111 SW 16th St, Miami FL 33155,Listing Agreement:Exclusive Agency,Operating Expense:14000,Year Built Details:Resale,Building Area Total:4139,Building Area Units:Square Feet,Lot Size Square Feet:4139,M I A M I R E_ L P Amt Sq Ft:207.3171,Original List Price:799000,Public Survey Range:40,Architectural Style:1:Other,I D X Participation Y N:1,Net Operating Income:43600,Syndication Remarks:Great opportunity to own a multi-family income property in an excellent location! This property has 3 spacious units, all rented to long term tenants with an excellent rental record. All units are completely independent with private entrances and up to 10 cars front parking spaces. The front unit is a 4 bedroom/3 baths, the second floor unit is a 3/2 and the back apartment is a 2/1. All the renovation work in this property has been done with permits, all units have independent electrical meters, all with living, dining and complete kitchens, A/C, ceiling fans and more. The patio area is roomy and has a storage unit. The house is located in the heart of Miami, only minutes from Coral Gables, Downtown Miami, Nicklaus Children Hospital and much more. This unique opportunity is priced to sell!,Listing Contract Date:2021-09-20,Originating System I D:miamire,Public Survey Section:11,Showing Instructions:24 Hour Notice,Street Number Numeric:7111,Tax Legal Description:RONCA SUB PB 110-80 LOT 1 BLK 1 LOT SIZE 10289 SQ FT OR 17743-4307 0797 4,Public Survey Township:40,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.5%,M I A M I R E_ Adjusted Area S F:3634,Contract Status Change Date:2021-09-24,Internet Address Display Y N:1,Number Of Units In Community:3,Transaction Broker Compensation:3.5%,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:207.32,

  • Price $799,000.00
  • Price Change: 2021-09-20
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1980
  • Waterfront
  • View
  • Pool Yes
  • Style Attached, Other
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active With Contract
  • Listed 2021-09-20
  • Days on Market 68
  • Furnished
  • City Miami
  • Zip 33155
  • State Florida
  • Subdivision RONCA SUB
  • Development Name RONCA SUB, Ronca Sub
  • HOA Fees
  • Taxes 8857
  • Taxes Year 2020