529 88th St ,Residential-multi-family for Sale

529 88th St for Sale

Price $2,400,000.00

• Lot size 43496
• Year Build 1940
• Waterfront
• Zip 33150
• Style
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

1 53 41 1 AC PL OF HOME ACRES PB 39-22 LOT 11 BLK 2 LOT SIZE 139.410 X 312 OR 18069-0994 0697 4 COC 23179-1825 03 2005 2

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

City:El Portal,Zoning:5100,List A O R:A-Miami Association of REALTORS,Latitude:25.8556408,List Price:2400000,Listing Id:A11611001,Longitude:-80.2060907,Mls Status:Active With Contract,Year Built:1940,Postal Code:33150,Street Name:88th St,Coordinates:1:25.8556408,Photos Count:15,Days On Market:175,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-04-19,Parcel Number:30-31-01-002-0300,Property Type:Commercial Sale,Street Number:529,Public Remarks:Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.,County Or Parish:Miami-Dade County,List Office Name:The Alpha Commercial Advisors LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2447,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:32054,Unparsed Address:529 NW 88th St, El Portal FL 33150,Listing Agreement:Exclusive Right To Sell,Building Area Total:6667,Building Area Units:Square Feet,Lot Size Square Feet:43496,Original List Price:2800000,Previous List Price:2500000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents. Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further. Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.,Listing Contract Date:2024-04-19,Originating System I D:miamire,Street Number Numeric:529,Tax Legal Description:1 53 41 1 AC PL OF HOME ACRES PB 39-22 LOT 11 BLK 2 LOT SIZE 139.410 X 312 OR 18069-0994 0697 4 COC 23179-1825 03 2005 2,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.,Contract Status Change Date:2024-04-19,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,