,Detached, Quadruplex, Palm Grove for Sale

for Sale

Price $999,999.00

• Lot size 2711
• Year Build 1926
• Waterfront
• Zip 33145
• Style Detached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11586105 DO NOT BOTHER TENANTS. Rents are below market.

PALM GROVE PB 14-66 LOT 54 & E8FT OF LOT 55 LOT SIZE 58.000 X 132 OR 20639-0417 08 2002 1 COC 26280-4169 03 2008 5

Less Than 1/4 Acre Lot

Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.

City:Miami,Zoning:0100,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7547253,Cooling Y N:1,Heating Y N:1,List Price:999999,Listing Id:A11586105,Longitude:-80.2335595,Mls Status:Active With Contract,Year Built:1926,Living Area:2711,Postal Code:33145,Contingency:Pending Inspections,Coordinates:1:25.7547253,Photos Count:11,Building Name:PALM GROVE,Days On Market:63,Listing Terms:1:Exchange,2:Owner Will Carry,3:Owner Hold 2nd Mortgage,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Palm Grove,On Market Date:2024-05-12,Parcel Number:01-41-10-025-0380,Parking Total:10,Property Type:Residential Income,Stories Total:2,M I A M I R E_ Style:Fourplex,Public Remarks:Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Florida Bankers Realty, Inc.,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:2417,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:PALM GROVE,Tax Annual Amount:9582,Unparsed Address:2358 SW 18th St, Miami FL 33145,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:2711,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:368.8672,Original List Price:999999,Public Survey Range:41,Documents Available:1:Rent Rolls,2:Existing Survey,I D X Participation Y N:1,Syndication Remarks:Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.,Listing Contract Date:2024-05-12,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,Street Number Numeric:2358,Tax Legal Description:PALM GROVE PB 14-66 LOT 54 & E8FT OF LOT 55 LOT SIZE 58.000 X 132 OR 20639-0417 08 2002 1 COC 26280-4169 03 2008 5,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Adjusted Area S F:2386,M I A M I R E_ Internet Remarks:Ideal location with income generating the day you close on the property.,Contract Status Change Date:2024-07-11,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:368.87,