1121 3rd St ,Other, Quadruplex, Lawrence Estate Land Co for Sale

1121 3rd St for Sale

Price $1,490,000.00

• Lot size 2481
• Year Build 1926
• Waterfront
• Zip 33128
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Unique investment opportunity in Little Havana, perfectly positioned just blocks from Marlins Stadium and minutes from Downtown, Brickell, and Coral Gables. This recently renovated property offers 4 income-generating units, each with its own parking, generating a great return. With significant upside potential, the new owner can capitalize on its prime location by turning them into Airbnb rentals (buyer to verify). Zoned T-4R, this lot also allows for up to 6 buildable units, making it a highly versatile and valuable asset. Fully rented at 6.5% Cap.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11658349 For showings call or text Reggie at 786.239.8013. DO NOT disturb tenants. Please allow 24hrs notice.

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 18 BLK 7 LOT SIZE 7500 SQUARE FEET 73R-177959

Less Than 1/4 Acre Lot

Unique investment opportunity in Little Havana, perfectly positioned just blocks from Marlins Stadium and minutes from Downtown, Brickell, and Coral Gables. This recently renovated property offers 4 income-generating units, each with its own parking, generating a great return. With significant upside potential, the new owner can capitalize on its prime location by turning them into Airbnb rentals (buyer to verify). Zoned T-4R, this lot also allows for up to 6 buildable units, making it a highly versatile and valuable asset. Fully rented at 6.5% Cap.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.7765816,Cooling Y N:1,List Price:1490000,Listing Id:A11658349,Longitude:-80.2134563,Mls Status:Active,Year Built:1926,Living Area:2481,Postal Code:33128,Street Name:3rd St,Coordinates:1:25.7765816,Photos Count:15,Building Name:LAWRENCE ESTATE LAND CO,Days On Market:46,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estate Land Co,On Market Date:2024-09-13,Parcel Number:01-41-02-005-1270,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,Stories Total:1,Street Number:1121,M I A M I R E_ Style:Fourplex,Public Remarks:Unique investment opportunity in Little Havana, perfectly positioned just blocks from Marlins Stadium and minutes from Downtown, Brickell, and Coral Gables. This recently renovated property offers 4 income-generating units, each with its own parking, generating a great return. With significant upside potential, the new owner can capitalize on its prime location by turning them into Airbnb rentals (buyer to verify). Zoned T-4R, this lot also allows for up to 6 buildable units, making it a highly versatile and valuable asset. Fully rented at 6.5% Cap.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:The Agency Florida LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1012,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE ESTATE LAND CO,Tax Annual Amount:12344,Total Actual Rent:10200,Unparsed Address:1121 NW 3rd St, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2481,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:600.5643,Original List Price:1490000,Public Survey Range:41,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Unique investment opportunity in Little Havana, perfectly positioned just blocks from Marlins Stadium and minutes from Downtown, Brickell, and Coral Gables. This recently renovated property offers 4 income-generating units, each with its own parking, generating a great return. With significant upside potential, the new owner can capitalize on its prime location by turning them into Airbnb rentals (buyer to verify). Zoned T-4R, this lot also allows for up to 6 buildable units, making it a highly versatile and valuable asset. Fully rented at 6.5% Cap.,Listing Contract Date:2024-09-13,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Showing Assist,Street Number Numeric:1121,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 18 BLK 7 LOT SIZE 7500 SQUARE FEET 73R-177959,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:625,M I A M I R E_ Internet Remarks:Unique investment opportunity in Little Havana, perfectly positioned just blocks from Marlins Stadium and minutes from Downtown, Brickell and MIA.,Contract Status Change Date:2024-09-13,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 Required (Agent and Office),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:600.56,Internet Automated Valuation Display Y N:1,