1258 3rd St ,Free Standing, Income Non-waterfront for Sale & Rent

1258 3rd St for Sale & Rent

Price $1,525,000.00

  • Lot size 7500
  • Year Build 1969
  • Waterfront
  • Zip 33125
  • Style
  • Parking Description Assigned, Shared Parking, On Street
  • Pool Yes
  • Status Pending
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Description

Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!

DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE WITH AN EXECUTED LOI DURING THE DUE DILLIGENCE PERIOD. NO EXCEPTIONS.

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 8 BLK 51 LOT SIZE 7500 SQUARE FEET COC 26064-1284 10 2007 5

Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!

City:Miami,Roof:1:Other,Zoning:6107,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7761497,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,Month To Month,List Price:1525000,Listing Id:A11518518,Longitude:-80.2159818,Mls Status:Pending,Year Built:1969,Inclusions:Building & Land,Fixtures,Leases, Leases,Machinery,Postal Code:33125,Street Name:3rd St,Tenant Pays:1:Interior Maintenance,Coordinates:1:25.7761497,Photos Count:17,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2024-01-23,Other Expense:2989,Parcel Number:01-41-02-005-7600,Parking Total:6,Property Type:Commercial Sale,Stories Total:2,Street Number:1258,Trash Expense:5027,Open Parking Y N:1,Public Remarks:Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!,County Or Parish:Miami-Dade County,List Office Name:Century 21 BE3,Private Remarks:DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE WITH AN EXECUTED LOI DURING THE DUE DILLIGENCE PERIOD. NO EXCEPTIONS.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:13655,Parking Features:1:Shared Parking,2:On Street,Postal Code Plus4:5634,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:13655,Unparsed Address:1258 NW 3rd St, Miami FL 33125,Insurance Expense:8608,Listing Agreement:Exclusive Right To Sell,Operating Expense:32542,Year Built Details:Resale,Building Area Total:4526,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:7500,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:1525000,Public Survey Range:41,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,Maintenance Expense:3240,Syndication Remarks:Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!,Listing Contract Date:2024-01-23,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Street Number Numeric:1258,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 8 BLK 51 LOT SIZE 7500 SQUARE FEET COC 26064-1284 10 2007 5,Gross Scheduled Income:129120,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Internet Remarks:Outstanding six-unit multi-family property situated in the heart of Little Havana.,Contract Status Change Date:2024-01-23,Internet Address Display Y N:1,Number Of Units In Community:6,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $1,525,000.00
  • Price Change: 2024-01-21
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1969
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction CBS Construction
  • Parking Description Assigned, Shared Parking, On Street
  • Flooring Type Tile
  • Property Type Commercial Sale
  • Status Pending
  • Listed 2024-01-21
  • Days on Market 28
  • Furnished
  • City Miami
  • Zip 33125
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 13655
  • Taxes Year 2023