1302 1st Pl ,Income Non-waterfront, Apartments for Sale & Rent

1302 1st Pl for Sale & Rent

Price $950,000.00

  • Lot size 4750
  • Year Build 1961
  • Waterfront
  • Zip 33136
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

2-story building with 4 units next to the I-395/State Road 836. Gross building of +/- 2,928 SF in 4,750 SF lot size. Fourplex in-place with rents of $1,200/mo. and projected NOI of 39K. Lot is in an Opportunity Zone Area. Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component. 2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.

Covered land play. Next to Underdeck Park, Overtown new projects, and E11EVEN Hotel & Residences towers.

ALICE BALDWIN ET AL SUB PB B-87 & PB 6-43 LOT 8 LESS E5FT BLK 7 LOT SIZE 50.000 X 95 OR 20834-1620 11 2002 6 COC 24388-4107 03 2006 5

2-story building with 4 units next to the I-395/State Road 836. Gross building of +/- 2,928 SF in 4,750 SF lot size. Fourplex in-place with rents of $1,200/mo. and projected NOI of 39K. Lot is in an Opportunity Zone Area. Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component. 2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.

City:Miami,Zoning:6106,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.787012,Lease Term:Month To Month,List Price:950000,Listing Id:A11319026,Longitude:-80.198188,Mls Status:Active,Ownership:Corporation,Year Built:1961,Postal Code:33136,Street Name:1st Pl,Coordinates:1:25.787012,Photos Count:5,Days On Market:14,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2022-12-09,Parcel Number:01-31-36-009-0790,Parking Total:4,Property Type:Commercial Sale,Stories Total:2,Street Number:1302,Public Remarks:2-story building with 4 units next to the I-395/State Road 836. Gross building of +/- 2,928 SF in 4,750 SF lot size. Fourplex in-place with rents of $1,200/mo. and projected NOI of 39K. Lot is in an Opportunity Zone Area. Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component. 2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.,County Or Parish:Miami-Dade County,Expiration Date:2023-06-09,List Office Name:Global Investments Realty,Private Remarks:Covered land play. Next to Underdeck Park, Overtown new projects, and E11EVEN Hotel & Residences towers.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2626,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:8476,Unparsed Address:1302 NW 1st Pl, Miami FL 33136,Listing Agreement:Exclusive Agency,Building Area Total:2928,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:4750,Number Of Buildings:1,Original List Price:950000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:2-story building with 4 units next to the I-395/State Road 836. Gross building of +/- 2,928 SF in 4,750 SF lot size. Fourplex in-place with rents of $1,200/mo. and projected NOI of 39K. Lot is in an Opportunity Zone Area. Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component. 2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.,Listing Contract Date:2022-12-09,Originating System I D:miamire,Public Survey Section:36,Street Number Numeric:1302,Tax Legal Description:ALICE BALDWIN ET AL SUB PB B-87 & PB 6-43 LOT 8 LESS E5FT BLK 7 LOT SIZE 50.000 X 95 OR 20834-1620 11 2002 6 COC 24388-4107 03 2006 5,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2022-12-09,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $950,000.00
  • Price Change: 2022-12-23
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1961
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2022-12-23
  • Days on Market 44
  • Furnished
  • City Miami
  • Zip 33136
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 8476
  • Taxes Year