11731 223rd St ,Detached, Quadruplex, Marcia-jane Sub for Sale

11731 223rd St for Sale

Price $670,000.00

• Lot size 2330
• Year Build 1961
• Waterfront
• Zip 33170
• Style Detached
• Parking Description
• Pool Yes
• Status Pending

Description

ATTENTION INVESTORS!! Fully operating fourplex with a 6.5% CAP RATE and opportunity to increase! The area has seen significant growth and redevelopment. Some units are renting below market value. Property was somewhat remodeled by current owner in 2019. All units have window AC, independent electrical meters and share one water meter.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11383490 INVESTORS ONLY, DO NOT DISTURB THE TENANTS. TO SHOW BUYERS MUST BE PRE-APPROVED OR SHOW PROOF OF FUNDS. SHOWING WILL BE DONE ON VACANT UNIT ONLY. ALL OTHER UNITS TO BE SHOWN DURING INSPECTION PERIOD. CONNECT WITH LISTING AGENT TO SCHEDULE APPT.

13 56 39 MARCIA-JANE SUB PB 64-3 LOT 5 BLK 5 LOT SIZE 75.000 X 133 OR 14534-2366 0490 5

Less Than 1/4 Acre Lot

ATTENTION INVESTORS!! Fully operating fourplex with a 6.5% CAP RATE and opportunity to increase! The area has seen significant growth and redevelopment. Some units are renting below market value. Property was somewhat remodeled by current owner in 2019. All units have window AC, independent electrical meters and share one water meter.

City:Miami,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.560236,Cooling Y N:1,Heating Y N:1,List Price:670000,Listing Id:A11383490,Longitude:-80.3813273,Mls Status:Pending,Year Built:1961,Living Area:2250,Postal Code:33170,Street Name:223rd St,Coordinates:1:25.560236,Photos Count:10,Building Name:MARCIA-JANE SUB,Days On Market:9,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Marcia-jane Sub,On Market Date:2023-05-01,Parcel Number:30-69-13-013-0470,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:11731,M I A M I R E_ Style:Fourplex,Public Remarks:ATTENTION INVESTORS!! Fully operating fourplex with a 6.5% CAP RATE and opportunity to increase! The area has seen significant growth and redevelopment. Some units are renting below market value. Property was somewhat remodeled by current owner in 2019. All units have window AC, independent electrical meters and share one water meter.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2023-08-01,List Office Name:EXP Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4677,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:MARCIA-JANE SUB,Tax Annual Amount:6898,Unparsed Address:11731 SW 223rd St, Miami FL 33170,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2330,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:297.7778,Original List Price:670000,Public Survey Range:69,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:ATTENTION INVESTORS!! Fully operating fourplex with a 6.5% CAP RATE and opportunity to increase! The area has seen significant growth and redevelopment. Some units are renting below market value. Property was somewhat remodeled by current owner in 2019. All units have window AC, independent electrical meters and share one water meter.,Listing Contract Date:2023-05-01,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:11731,Tax Legal Description:13 56 39 MARCIA-JANE SUB PB 64-3 LOT 5 BLK 5 LOT SIZE 75.000 X 133 OR 14534-2366 0490 5,Public Survey Township:69,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$500,M I A M I R E_ Adjusted Area S F:2276,Contract Status Change Date:2023-05-01,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,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:297.78,