171 158th St ,Residential-multi-family for Sale

171 158th St for Sale

Price $9,000,000.00

• Lot size 64032
• Year Build 2019
• Waterfront
• Zip 33169
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Strategically situated a few blocks east of I-95 and the 826/Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries. New Construction Product eliminates the concern for deferred maintenance. All units, 22 units in total, have 1,250 SF,? 3 bedrooms and 2.5 bathrooms units providing for strong rents. 11 units currently rented to one tenant (Airbnb operator) at new rate of $3,000 per unit Current NOI $529,591 - Projected NOI - $550,681

BISCAYNE GARDENS SEC A PB 40-41 LOTS 202 & 259 LOT SIZE 64032 SQ FT FAU 30 2113 040 0001 FKA BISCAYNE GARDENS TOWNHOMES CONDO

Strategically situated a few blocks east of I-95 and the 826/Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries. New Construction Product eliminates the concern for deferred maintenance. All units, 22 units in total, have 1,250 SF,? 3 bedrooms and 2.5 bathrooms units providing for strong rents. 11 units currently rented to one tenant (Airbnb operator) at new rate of $3,000 per unit Current NOI $529,591 - Projected NOI - $550,681

City:Miami,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.9200255,List Price:9000000,Listing Id:A11633703,Longitude:-80.203585,Mls Status:Active,Year Built:2019,Postal Code:33169,Street Name:158th St,Coordinates:1:25.9200255,Photos Count:14,Days On Market:74,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:22,On Market Date:2024-08-01,Parcel Number:30-22-18-002-1960,Parking Total:35,Property Type:Commercial Sale,Stories Total:2,Street Number:171,Public Remarks:Strategically situated a few blocks east of I-95 and the 826/Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries. New Construction Product eliminates the concern for deferred maintenance. All units, 22 units in total, have 1,250 SF,? 3 bedrooms and 2.5 bathrooms units providing for strong rents. 11 units currently rented to one tenant (Airbnb operator) at new rate of $3,000 per unit Current NOI $529,591 - Projected NOI - $550,681,County Or Parish:Miami-Dade County,List Office Name:Global Investments Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:6721,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:100105,Unparsed Address:171 NW 158th St, Miami FL 33169,Listing Agreement:Exclusive Agency,Building Area Total:30272,Building Area Units:Square Feet,Lot Size Square Feet:64032,Number Of Buildings:2,Original List Price:9000000,Public Survey Range:22,I D X Participation Y N:1,Showing Contact Type:1:Call Listing Office,Syndication Remarks:Strategically situated a few blocks east of I-95 and the 826/Palmetto Expressway, providing great connectivity and easy access to crucial transit arteries. New Construction Product eliminates the concern for deferred maintenance. All units, 22 units in total, have 1,250 SF,? 3 bedrooms and 2.5 bathrooms units providing for strong rents. 11 units currently rented to one tenant (Airbnb operator) at new rate of $3,000 per unit Current NOI $529,591 - Projected NOI - $550,681,Financial Data Source:1:Owner Provided,Listing Contract Date:2024-08-01,Originating System I D:miamire,Public Survey Section:18,Showing Instructions:Appointment Only,Call Listing Agent,Call Listing Office,Street Number Numeric:171,Tax Legal Description:BISCAYNE GARDENS SEC A PB 40-41 LOTS 202 & 259 LOT SIZE 64032 SQ FT FAU 30 2113 040 0001 FKA BISCAYNE GARDENS TOWNHOMES CONDO,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:New Construction 22 townhouses, have 1,250 SF,? 3 bedrooms and 2.5 bathrooms units providing for strong rents. NOI 529K,Contract Status Change Date:2024-08-01,Internet Address Display Y N:1,Number Of Units In Community:22,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,