7525 Miami Ct ,Other, Quadruplex, Little River Gardens for Sale

7525 Miami Ct for Sale

Price $999,999.00

• Lot size 2454
• Year Build 1947
• Waterfront
• Zip 33138
• Style Other
• 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.Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical

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

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

Less Than 1/4 Acre Lot

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.Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical

City:Miami,Zoning:T5,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8442977,Cooling Y N:1,Heating Y N:1,List Price:999999,Listing Id:A11481781,Longitude:-80.1960326,Mls Status:Active,Year Built:1947,Living Area:2454,Postal Code:33138,Street Name:Miami Ct,Coordinates:1:25.8442977,Photos Count:13,Building Name:LITTLE RIVER GARDENS,Days On Market:9,Listing Terms:1:Cash,2:Exchange,Lot Size Units:Square Feet,M L S Area Major:Little River Gardens,On Market Date:2023-11-06,Parcel Number:01-31-12-014-0660,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Gas,2:Hot Water,3:Gardener,4:Sewer,5:Trash Collection,Stories Total:1,Street Number:7525,M I A M I R E_ Style:Fourplex,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.Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4333,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:LITTLE RIVER GARDENS,Tax Annual Amount:7310,Unparsed Address:7525 NE Miami Ct, Miami FL 33138,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:2454,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:407.4976,Original List Price:999999,Public Survey Range:31,I D X Participation Y N:1,Number Of Units Total:5,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.Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical,Listing Contract Date:2023-11-06,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Call Listing Agent,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_ Adjusted Area S F:1804,Association Fee Frequency:Annually,Contract Status Change Date:2023-11-06,Internet Address Display Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2.5%,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:407.5,