2126 Flagler Ter ,Attached, Quadruplex, Evanston Heights for Sale

2126 Flagler Ter for Sale

Price $1,250,000.00

• Lot size 8900
• Year Build 1928
• Waterfront
• Zip 33125
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11641028 Please contact the agent for showings at ams@flipexmiami.com or call 786-314-9878. 40-year certification available. Authorization letter from the city for 7 units available. Certificate of use available. Rent rolls available. Currently 4 units Do not disturb the tenants. Proof of funds is required to show the property.

EVANSTON HEIGHTS PB 1-56 LOT 4 BLK 4 LOT SIZE 8900 SQUARE FEET OR 18064-4119 0498 1

Less Than 1/4 Acre Lot

An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7735687,Cooling Y N:1,Heating Y N:1,List Price:1250000,Listing Id:A11641028,Longitude:-80.2296366,Mls Status:Active,Year Built:1928,Living Area:2785,Postal Code:33125,Street Name:Flagler Ter,Coordinates:1:25.7735687,Photos Count:29,Building Name:Evanston Heights,Days On Market:120,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Evanston Heights,On Market Date:2024-08-13,Parcel Number:01-41-03-013-0570,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Sewer,2:Water,Stories Total:2,Street Number:2126,M I A M I R E_ Style:Fourplex,Public Remarks:An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:AWA Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5387,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:Evanston Heights,Tax Annual Amount:12647,Total Actual Rent:120900,Unparsed Address:2126 NW Flagler Ter, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Operating Expense:27997,Year Built Details:Resale,Building Area Total:8900,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:448.833,Original List Price:1250000,Public Survey Range:41,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Net Operating Income:92903,Number Of Units Total:7,Syndication Remarks:An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.,Listing Contract Date:2024-08-13,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:2126,Tax Legal Description:EVANSTON HEIGHTS PB 1-56 LOT 4 BLK 4 LOT SIZE 8900 SQUARE FEET OR 18064-4119 0498 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2657,M I A M I R E_ Internet Remarks:Exceptional investment opportunity, this property is a true cash cow, boasting an annual income of $120,000 and a 40-yr certification obtained in 2018,Contract Status Change Date:2024-08-13,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:448.83,Internet Automated Valuation Display Y N:1,