2385 17th St ,Detached, Quadruplex, Vedado for Sale

2385 17th St for Sale

Price $950,000.00

  • Lot size 2889
  • Year Build 1930
  • Waterfront
  • Zip 33145
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active
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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

Less Than 1/4 Acre Lot

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,Roof:1:Shingle,Zoning:0100,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Flooring:1:Other,2:Tile,Latitude:25.7566037,Cooling Y N:1,Heating Y N:1,List Price:950000,Listing Id:A11246376,Longitude:-80.2340701,Mls Status:Active,Year Built:1930,Directions:Use the GPS,Living Area:2307,Possession:1:Negotiable,Postal Code:33145,Street Name:17th St,Coordinates:1:25.7566037,Photos Count:39,Building Name:VEDADO,Days On Market:175,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Vedado,On Market Date:2022-07-27,Parcel Number:01-41-10-027-0500,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:2385,M I A M I R E_ Style:Fourplex,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!,Structure Type:1:Fourplex,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:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:VEDADO,Tax Annual Amount:6186,Total Actual Rent:76800,Unparsed Address:2385 SW 17th St, Miami FL 33145,Exterior Features:1:Barbeque,2:Fruit Trees,3:Exterior Lights,Listing Agreement:Exclusive Agency,Operating Expense:22560,Year Built Details:Resale,Building Area Total:2889,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:411.7902,Original List Price:975000,Previous List Price:960000,Public Survey Range:41,Building Area Source:Owner,Documents Available:1:Other Available Information,I D X Participation Y N:1,Net Operating Income:54240,Number Of Units Total:4,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:2022-07-27,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,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,Public Survey Township:41,Construction Materials:1:Other,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:2307,Contract Status Change Date:2022-07-27,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:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:411.79,Internet Automated Valuation Display Y N:1,

  • Price $950,000.00
  • Price Change: 2022-11-07
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1930
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction, Other
  • Parking Description
  • Flooring Type Carpet, Other, Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2022-11-07
  • Days on Market 188
  • Furnished
  • City Miami
  • Zip 33145
  • State Florida
  • Subdivision
  • Development Name VEDADO
  • HOA Fees 0
  • Taxes 6186
  • Taxes Year 2021