11520 6th Ave ,Free Standing, Income Non-waterfront for Sale

11520 6th Ave for Sale

Price $3,100,000.00

• Lot size 14773
• Year Build 1939
• Waterfront
• Zip 33161
• Style
• Parking Description Common, Free Parking, Guest
• Pool Yes
• Status Active

Description

This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

To schedule showing. please call Victoria at 786-547-4222. Please do not disturb tenants!

BISC PK ESTS BLKS 8-9-10-11 PB 5-107 LOT 32 LESS SWLY135FT BLK 10 & PT LOT 1 BISCAYNE PARK KINGS RESUB PB 42-78 DESC AS BEG NE COR LOT 1 TH

City Location, In Residential Area

This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

City:Biscayne Park,Zoning:0100,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.8819622,Cooling Y N:1,Heating Y N:1,List Price:3100000,Listing Id:A11527972,Longitude:-80.186426,Mls Status:Active,Ownership:Corporation,Year Built:1939,Directions:Please use GPS,Inclusions:Building & Land,Leases,Other Sale Includes,Postal Code:33161,Street Name:6th Ave,Tenant Pays:1:Electricity,Coordinates:1:25.8819622,Gross Income:208240,Lot Features:1:In Residential Area,Photos Count:10,Business Type:1:Commercial/Residential Income,Days On Market:231,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:22,On Market Date:2024-02-07,Other Expense:4984,Parcel Number:17-22-30-031-0990,Property Type:Commercial Sale,Stories Total:2,Street Number:11520,Trash Expense:3180,Public Remarks:This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.,County Or Parish:Miami-Dade County,List Office Name:Victoria Blintser Real Estate Group LLC,Private Remarks:To schedule showing. please call Victoria at 786-547-4222. Please do not disturb tenants!,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,New Taxes Expense:36471,Parking Features:1:Free Parking,2:Guest,Postal Code Plus4:6256,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:36471,Unparsed Address:11520 NE 6th Ave, Biscayne Park FL 33161,Insurance Expense:8000,Listing Agreement:Exclusive Agency,Operating Expense:53135,Security Features:1:Smoke Detector(s),2:Security Lights,Building Area Total:6700,Building Area Units:Square Feet,Lot Size Square Feet:14773,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:3100000,Public Survey Range:22,I D X Participation Y N:1,Net Operating Income:155605,Syndication Remarks:This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.,Listing Contract Date:2024-02-07,Originating System I D:miamire,Public Survey Section:30,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:11520,Tax Legal Description:BISC PK ESTS BLKS 8-9-10-11 PB 5-107 LOT 32 LESS SWLY135FT BLK 10 & PT LOT 1 BISCAYNE PARK KINGS RESUB PB 42-78 DESC AS BEG NE COR LOT 1 TH,Public Survey Township:22,Construction Materials:1:Stucco,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:12 studios featuring updated kitchens, bathrooms, appliances, on-site laundry, greatly located stable cash flowing asset with potential rent increase.,Contract Status Change Date:2024-02-07,Internet Address Display Y N:1,Number Of Units In Community:12,Internet Consumer Comment Y N:1,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,