420 14th Ave ,Attached, Quadruplex, Lawrence Estate Land Cos for Sale

420 14th Ave for Sale

Price $1,399,000.00

• Lot size 4146
• Year Build 1977
• Waterfront
• Zip 33135
• Style Attached
• Parking Description
• Pool Yes
• Status Pending

Description

Alerio Group is proud to exclusively bring 420 SW 14 Ave. in Little Havana to market. This meticulously maintained 4-unit boutique multifamily is comprised of 2x 2/1 units (@ $2000) & 1x 1/1 unit (@ $1700) & 1x 2/2 unit (@ $2200). The building has accordion shutters, a certified roof, central AC in all units, 8-10 parking spots, an enclosed courtyard, an expansive backyard, and offers coin-operated (2x) washers & (2x) dryers. Solid, Long-term tenants make this building easy to own & manage. Room to raise rents. MTM Tenants. AirBnB ready. One of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio. This property will not last!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11377925 Only Qualified Showings by appointment only. Have your Pre-Qual or POF ready. DO NOT bother tenants. Fully rented w/ long-term tenants. 1x Section 8 (HHA) Tenant @ $1700. 4x Electrical meters in the building. House meter pays for W&D, house lights, and section 8 tenant (apprx. $100 per month). Apprx. $250/ month in coin laundry income.

LAWRENCE ESTATE LAND COS SUB PB 2-46 S50FT LOTS 1 & 2 BLK 93 LOT SIZE 5000 SQUARE FEET OR 16351-1642 0494 1

Less Than 1/4 Acre Lot

Alerio Group is proud to exclusively bring 420 SW 14 Ave. in Little Havana to market. This meticulously maintained 4-unit boutique multifamily is comprised of 2x 2/1 units (@ $2000) & 1x 1/1 unit (@ $1700) & 1x 2/2 unit (@ $2200). The building has accordion shutters, a certified roof, central AC in all units, 8-10 parking spots, an enclosed courtyard, an expansive backyard, and offers coin-operated (2x) washers & (2x) dryers. Solid, Long-term tenants make this building easy to own & manage. Room to raise rents. MTM Tenants. AirBnB ready. One of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio. This property will not last!

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.7690863,Cooling Y N:1,Heating Y N:1,List Price:1399000,Listing Id:A11377925,Longitude:-80.2181588,Mls Status:Pending,Year Built:1977,Directions:East on Flagler. Right on 14th Ave until you arrive. Central Little Havana.,Living Area:4146,Postal Code:33135,Street Name:14th Ave,Coordinates:1:25.7690863,Photos Count:48,Building Name:LAWRENCE ESTATE LAND COS,Days On Market:11,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Lawrence Estate Land Cos,On Market Date:2023-04-26,Parcel Number:01-41-02-006-4440,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:420,M I A M I R E_ Style:Fourplex,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-04-26,List Office Name:Pellego, LLC,Standard Status:Active,Window Features:1:Hurricane Shutters,2:Blinds,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2334,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LAWRENCE ESTATE LAND COS,Tax Annual Amount:11409,Total Actual Rent:7900,Unparsed Address:420 SW 14th Ave, Miami FL 33135,Listing Agreement:Exclusive Agency,Operating Expense:17009,Year Built Details:New Construction,Building Area Total:4146,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:337.4337,Original List Price:1399000,Public Survey Range:41,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Net Operating Income:77791,Listing Contract Date:2023-04-26,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Appointment Only,Call Listing Agent,See Broker Remarks,Street Number Numeric:420,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 S50FT LOTS 1 & 2 BLK 93 LOT SIZE 5000 SQUARE FEET OR 16351-1642 0494 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:3088,Contract Status Change Date:2023-04-26,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:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:337.43,