8057 1st Ave ,Other, Duplex, Little River Gardens Amd for Sale

8057 1st Ave for Sale

Price $3,010,000.00

• Lot size 1525
• Year Build 1925
• Waterfront
• Zip 33138
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Exclusive opportunity to acquire a stabilized multifamily portfolio in Miami's sought-after Little River with ample parking and under-market rents. The portfolio offers 9 units with a mix of 2 bed/1 bath and 1 bed/1 bath on four separate lots. Currently, the property has virtually 0 vacancies and offers positive cash flow. Additionally, the portfolio is ideal for multifamily operators, investors, and developers. On the four lots up to 73 units can be developed. The portfolio is located in Miami's Little River and close to some of the most important thoroughfares and easy access to the most important neighborhoods such as Midtown, Wynwood, Edgewater, Miami Beach, El Portal, and Miami Shores.

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LITTLE RIVER GARDENS AMD PB 6-51 S45FT OF N95FT OF LOTS 1 & 2 LESS W10FT FOR ST BLK 12 LOT SIZE 4350 SQUARE FEET OR 20608-0881 0802 4 COC 25

1/4 To Less Than 1/2 Acre Lot

Exclusive opportunity to acquire a stabilized multifamily portfolio in Miami's sought-after Little River with ample parking and under-market rents. The portfolio offers 9 units with a mix of 2 bed/1 bath and 1 bed/1 bath on four separate lots. Currently, the property has virtually 0 vacancies and offers positive cash flow. Additionally, the portfolio is ideal for multifamily operators, investors, and developers. On the four lots up to 73 units can be developed. The portfolio is located in Miami's Little River and close to some of the most important thoroughfares and easy access to the most important neighborhoods such as Midtown, Wynwood, Edgewater, Miami Beach, El Portal, and Miami Shores.

City:Miami,Model:Little River,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8490818,Cooling Y N:1,Heating Y N:1,List Price:3010000,Listing Id:A11375346,Longitude:-80.1951999,Mls Status:Active,Year Built:1925,Living Area:1525,Postal Code:33138,Street Name:1st Ave,Coordinates:1:25.8490818,Photos Count:4,Builder Model:Little River,Building Name:LITTLE RIVER GARDENS AMD,Days On Market:20,Lot Size Units:Square Feet,M L S Area Major:Little River Gardens Amd,On Market Date:2023-04-01,Parcel Number:01-31-12-012-0090,Property Type:Residential Income,Stories Total:1,Street Number:8057,M I A M I R E_ Style:Duplex,Public Remarks:Exclusive opportunity to acquire a stabilized multifamily portfolio in Miami's sought-after Little River with ample parking and under-market rents. The portfolio offers 9 units with a mix of 2 bed/1 bath and 1 bed/1 bath on four separate lots. Currently, the property has virtually 0 vacancies and offers positive cash flow. Additionally, the portfolio is ideal for multifamily operators, investors, and developers. On the four lots up to 73 units can be developed. The portfolio is located in Miami's Little River and close to some of the most important thoroughfares and easy access to the most important neighborhoods such as Midtown, Wynwood, Edgewater, Miami Beach, El Portal, and Miami Shores.,County Or Parish:Miami-Dade County,Expiration Date:2023-10-01,List Office Name:Gridline Properties,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4307,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:LITTLE RIVER GARDENS AMD,Little River,Tax Annual Amount:4953,Unparsed Address:8057 NE 1st Ave, Miami FL 33138,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1525,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:1973.7705,Original List Price:3010000,Public Survey Range:31,I D X Participation Y N:1,Number Of Units Total:9,Showing Contact Type:1:Call Listing Office,Syndication Remarks:Exclusive opportunity to acquire a stabilized multifamily portfolio in Miami's sought-after Little River with ample parking and under-market rents. The portfolio offers 9 units with a mix of 2 bed/1 bath and 1 bed/1 bath on four separate lots. Currently, the property has virtually 0 vacancies and offers positive cash flow. Additionally, the portfolio is ideal for multifamily operators, investors, and developers. On the four lots up to 73 units can be developed. The portfolio is located in Miami's Little River and close to some of the most important thoroughfares and easy access to the most important neighborhoods such as Midtown, Wynwood, Edgewater, Miami Beach, El Portal, and Miami Shores.,Listing Contract Date:2023-04-01,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Appointment Only,Call Listing Agent,Call Listing Office,Street Number Numeric:8057,Tax Legal Description:LITTLE RIVER GARDENS AMD PB 6-51 S45FT OF N95FT OF LOTS 1 & 2 LESS W10FT FOR ST BLK 12 LOT SIZE 4350 SQUARE FEET OR 20608-0881 0802 4 COC 25,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:1408,Contract Status Change Date:2023-04-01,Number Of Units In Community:1,Transaction Broker Compensation:3%,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:1973.77,