1245-55 110th St ,Income Non-waterfront, Residential-multi-family for Sale & Rent

1245-55 110th St for Sale & Rent

Price $2,400,000.00

• Lot size 18750
• Year Build 1950
• Waterfront
• Zip 33161
• Style
• Parking Description Common, Free Parking, Shared Parking
• Pool Yes
• Status Active

Description

Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.

BISCAYNE SHORES CORR PL PB 23-52 LOT 21 & W1/2 OF LOT 22 BLK 3 LOT SIZE 75.000 X 125 OR 18400-1548 1298 4

City Location, In Residential Area

Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.

City:Miami,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8768201,Cooling Y N:1,Heating Y N:1,Lease Term:Month To Month,List Price:2400000,Listing Id:A11344866,Longitude:-80.1726627,Mls Status:Active,Ownership:Corporation,Year Built:1950,Directions:Use google maps.,Inclusions:Building & Land,Postal Code:33161,Street Name:110th St,Coordinates:1:25.8768201,Lot Features:1:In Residential Area,Photos Count:30,Days On Market:3,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2023-02-20,Parcel Number:30-22-32-010-0420,Parking Total:16,Property Type:Commercial Sale,Stories Total:1,Street Number:1245-55,Public Remarks:Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.,County Or Parish:Miami-Dade County,Expiration Date:2024-02-15,List Office Name:The Keyes Company,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Free Parking,2:Shared Parking,Postal Code Plus4:7656,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:12938,Unparsed Address:1245-55 NE 110th St, Miami FL 33161,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5000,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:18750,Number Of Buildings:3,Original List Price:2400000,Public Survey Range:22,Documents Available:1:Copy Of Lease(S),2:Photos,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.,Listing Contract Date:2023-02-20,Originating System I D:miamire,Public Survey Section:32,Showing Instructions:Appointment Only,See Broker Remarks,Showing Assist,Street Number Numeric:1245,Tax Legal Description:BISCAYNE SHORES CORR PL PB 23-52 LOT 21 & W1/2 OF LOT 22 BLK 3 LOT SIZE 75.000 X 125 OR 18400-1548 1298 4,Electric On Property Y N:1,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2023-02-20,Distance To Freeway Numeric:3,Internet Address Display Y N:1,Number Of Units In Community:12,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,