265 7th St ,Apartments for Sale

265 7th St for Sale

Price $1,600,000.00

• Lot size 13400
• Year Build 1935
• Waterfront
• Zip 33010
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.

Please text listing agent.

HIALEAH 4TH ADDN PB 7-83 LOT 16 BLK 33 LOT SIZE 50.000 X 135 OR 18876-4872 1199 1 COC 21552-2911 08 2003 1

This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.

City:Hialeah,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8285428,List Price:1600000,Listing Id:A11589572,Longitude:-80.2761816,Mls Status:Active,Year Built:1935,Postal Code:33010,Street Name:7th St,Coordinates:1:25.8285428,Photos Count:28,Days On Market:64,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-05-17,Parcel Number:04-31-18-006-0700,Property Type:Commercial Sale,Street Number:265,Public Remarks:This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.,County Or Parish:Miami-Dade County,List Office Name:JMK Real Estate Agents LLC,Private Remarks:Please text listing agent.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:6402,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:E,Tax Annual Amount:17242,Unparsed Address:265 E 7th St, Hialeah FL 33010,Listing Agreement:Exclusive Right To Sell,Building Area Total:7324,Building Area Units:Square Feet,Lot Size Square Feet:13400,Original List Price:3100000,Previous List Price:3100000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.,Listing Contract Date:2024-05-17,Originating System I D:miamire,Public Survey Section:18,Street Number Numeric:265,Tax Legal Description:HIALEAH 4TH ADDN PB 7-83 LOT 16 BLK 33 LOT SIZE 50.000 X 135 OR 18876-4872 1199 1 COC 21552-2911 08 2003 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Internet Remarks:8 units apartment building in Hialeah.,Contract Status Change Date:2024-05-17,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,