711 1st St ,Old Spanish, Triplex, City Of Miami South for Sale

711 1st St for Sale

Price $1,420,000.00

• Lot size 3510
• Year Build 1925
• Waterfront
• Zip 33128
• Style Old Spanish
• Parking Description
• Pool Yes
• Status Active

Description

YEARLY ACTUAL GROSS INCOME $100,000. CAN BE INCREASED TO $120,000 (EACH UNIT CAN BE RENTED AT $2,500). YEARLY EXPENSES ALL IN $20,000. ACTUAL CAP RATE 6%.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4

Less Than 1/4 Acre Lot

YEARLY ACTUAL GROSS INCOME $100,000. CAN BE INCREASED TO $120,000 (EACH UNIT CAN BE RENTED AT $2,500). YEARLY EXPENSES ALL IN $20,000. ACTUAL CAP RATE 6%.

City:Miami,Zoning:4601,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.7748739,Cooling Y N:1,Heating Y N:1,List Price:1420000,Listing Id:A11379857,Longitude:-80.2063995,Mls Status:Active,Year Built:1925,Living Area:3510,Postal Code:33128,Street Name:1st St,Coordinates:1:25.7748739,Photos Count:16,Building Name:CITY OF MIAMI SOUTH,Days On Market:140,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:City Of Miami South,On Market Date:2023-05-01,Parcel Number:01-02-00-070-1220,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:2,Street Number:711,M I A M I R E_ Style:Fourplex,Public Remarks:YEARLY ACTUAL GROSS INCOME $100,000. CAN BE INCREASED TO $120,000 (EACH UNIT CAN BE RENTED AT $2,500). YEARLY EXPENSES ALL IN $20,000. ACTUAL CAP RATE 6%.,Structure Type:1:Triplex,County Or Parish:Miami-Dade County,List Office Name:Florida Brokers Intl' Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:1441,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:CITY OF MIAMI SOUTH,Tax Annual Amount:9075,Unparsed Address:711 NW 1st St, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3510,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:404.5584,Original List Price:1350000,Previous List Price:1350000,Public Survey Range:2,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:YEARLY ACTUAL GROSS INCOME $100,000. CAN BE INCREASED TO $120,000 (EACH UNIT CAN BE RENTED AT $2,500). YEARLY EXPENSES ALL IN $20,000. ACTUAL CAP RATE 6%.,Listing Contract Date:2023-05-01,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:711,Tax Legal Description:CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4,Public Survey Township:2,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:3159,Contract Status Change Date:2023-05-01,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:404.56,