2385 17th St ,Mixed Use for Sale & Rent

2385 17th St for Sale & Rent

Price $950,000.00

• Lot size 5600
• Year Build 1930
• Waterfront
• Zip 33145
• Style
• Parking Description Assigned
• Pool Yes
• Status Active

Description

13% CAP RATE WITH AIRBNB OR 6% WITH CURRENT ANNUAL LEASES! Seller financing available!! Must put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!

NO SHOWINGS WITHOUT A CONTRACT. Buyer can be cash or financing. Buyer can also put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Please contact Kelly Gonzalez with any questions. Cell: 813-426-4701. Please use showing time and we will email you more info including surveys and rent rolls.

VEDADO PB 10-19 LOT 14 LOT 14A BLK 3 AND S3FT OF LOT 11 LOT SIZE 50.000 X 112 COC 26162-2299 02/08 /26202-0983

13% CAP RATE WITH AIRBNB OR 6% WITH CURRENT ANNUAL LEASES! Seller financing available!! Must put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!

City:Miami,Zoning:0100,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:2,Electric:1:220 Volts,Latitude:25.7566037,Cooling Y N:1,Heating Y N:1,List Price:950000,Listing Id:A11242668,Longitude:-80.2340701,Mls Status:Active,Year Built:1930,Inclusions:Leases,Postal Code:33145,Street Name:17th St,Tenant Pays:1:Exterior Electric,2:Electricity,3:Inside Insurance,Coordinates:1:25.7566037,Photos Count:31,Business Type:1:Residential-Multi-Family,Days On Market:153,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,On Market Date:2022-08-18,Parcel Number:01-41-10-027-0500,Parking Total:5,Property Type:Commercial Sale,Stories Total:2,Street Number:2385,Public Remarks:13% CAP RATE WITH AIRBNB OR 6% WITH CURRENT ANNUAL LEASES! Seller financing available!! Must put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!,County Or Parish:Miami-Dade County,Expiration Date:2023-05-31,List Office Name:Keller Williams Capital Realty,Private Remarks:NO SHOWINGS WITHOUT A CONTRACT. Buyer can be cash or financing. Buyer can also put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Please contact Kelly Gonzalez with any questions. Cell: 813-426-4701. Please use showing time and we will email you more info including surveys and rent rolls.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2017,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:6186,Unparsed Address:2385 SW 17th St, Miami FL 33145,Listing Agreement:Exclusive Right To Sell,Building Area Total:2307,Building Area Units:Square Feet,Lot Size Dimensions:50x112,Lot Size Square Feet:5600,Original List Price:1975000,Previous List Price:960000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:13% CAP RATE WITH AIRBNB OR 6% WITH CURRENT ANNUAL LEASES! Seller financing available!! Must put at least $70K down. "SUBJECT TO" mortgage $450K at 3.5%. Seller financing $400K at 6% interest only for 10 years and then balloon payment. Blended rate under 5%. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!,Listing Contract Date:2022-08-18,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,See Broker Remarks,Showing Assist,Street Number Numeric:2385,Tax Legal Description:VEDADO PB 10-19 LOT 14 LOT 14A BLK 3 AND S3FT OF LOT 11 LOT SIZE 50.000 X 112 COC 26162-2299 02/08 /26202-0983,Electric On Property Y N:1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,Contract Status Change Date:2022-08-18,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,