7525 Miami Ct ,Free Standing, Residential-multi-family for Sale

7525 Miami Ct for Sale

Price $930,000.00

• Lot size 7298
• Year Build 1947
• Waterfront
• Zip 33138
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Proud to present a strong multifamily asset located in the Little River Neighborhood. The property is comprised of 5 units with two spacious 2/1s and three studio apartments. Currently grossing $86,400 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units.

12 53 41 LITTLE RIVER GDNS PB 7-26 LOT 6 BLK 31 LOT SIZE 47.700 X 153 OR 15462-2047 0492 1 COC 22430-1587 06 2004 1

Proud to present a strong multifamily asset located in the Little River Neighborhood. The property is comprised of 5 units with two spacious 2/1s and three studio apartments. Currently grossing $86,400 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units.

City:Miami,Zoning:T5,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:25.8442977,List Price:930000,Listing Id:A11478628,Longitude:-80.1960326,Mls Status:Active,Year Built:1947,Inclusions:Building & Land,Postal Code:33138,Street Name:Miami Ct,Coordinates:1:25.8442977,Photos Count:13,Days On Market:35,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2023-10-31,Parcel Number:01-31-12-014-0660,Property Type:Commercial Sale,Stories Total:1,Street Number:7525,Public Remarks:Proud to present a strong multifamily asset located in the Little River Neighborhood. The property is comprised of 5 units with two spacious 2/1s and three studio apartments. Currently grossing $86,400 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units.,County Or Parish:Miami-Dade County,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4333,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:7310,Unparsed Address:7525 NE Miami Ct, Miami FL 33138,Listing Agreement:Exclusive Agency,Building Area Total:2342,Building Area Units:Square Feet,Lot Size Square Feet:7298,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:999999,Previous List Price:999999,Public Survey Range:31,Documents Available:1:Photos,I D X Participation Y N:1,Syndication Remarks:Proud to present a strong multifamily asset located in the Little River Neighborhood. The property is comprised of 5 units with two spacious 2/1s and three studio apartments. Currently grossing $86,400 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units.,Listing Contract Date:2023-10-31,Originating System I D:miamire,Public Survey Section:12,Street Number Numeric:7525,Tax Legal Description:12 53 41 LITTLE RIVER GDNS PB 7-26 LOT 6 BLK 31 LOT SIZE 47.700 X 153 OR 15462-2047 0492 1 COC 22430-1587 06 2004 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime Multifamily Investment: 5 units in Little River. High Income Potential, T5 Zoning for 11 Units. Ideal for Cashflow & Appreciation.,Contract Status Change Date:2023-10-31,Internet Address Display Y N:1,Number Of Units In Community:5,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,