165 39th St ,Detached, Quadruplex, Princess Park for Sale

165 39th St for Sale

Price $2,650,000.00

• Lot size 5335
• Year Build 2016
• Waterfront
• Zip 33127
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

PRIME LOCATION just 1 block from the vibrant Design District, this Newly renovated 8-unit presents an exceptional investment opportunity. Spanning 2 stories on a 7,500 sq. ft. lot, each of the 8 1-bed, 1-bath units boasts modern finishes. Interiors have been meticulously gutted & rebuilt from the studs. Every unit has a full size washer/dryer, separately metered & tenants pay electric. ? Residents enjoy access to secure on-site gated parking, 1 designated space/unit, along w/2 outdoor common areas designed for entertaining w/grilling station. The building is not only a well-managed asset but also home to a community of professional young tenants who work in the vicinity. Schedule your private tour today!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11686707 8 units fully occupied with rents between $2,000 - $2,200 per month. Excellent location and easy to manage. 6.36% CAP RATE. See attachments for financials or text for online brochure. High occupancy area. We would love to work with you! Text with any questions.

PRINCESS PARK PB 6-87 LOT 17 & W1/2 OF LOT 18 BLK 4 LOT SIZE 75.000 X 100 OR 20154-2200 01 2002 1

Less Than 1/4 Acre Lot

PRIME LOCATION just 1 block from the vibrant Design District, this Newly renovated 8-unit presents an exceptional investment opportunity. Spanning 2 stories on a 7,500 sq. ft. lot, each of the 8 1-bed, 1-bath units boasts modern finishes. Interiors have been meticulously gutted & rebuilt from the studs. Every unit has a full size washer/dryer, separately metered & tenants pay electric. ? Residents enjoy access to secure on-site gated parking, 1 designated space/unit, along w/2 outdoor common areas designed for entertaining w/grilling station. The building is not only a well-managed asset but also home to a community of professional young tenants who work in the vicinity. Schedule your private tour today!

City:Miami,Zoning:0104,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.812754,Cooling Y N:1,Heating Y N:1,List Price:2650000,Listing Id:A11686707,Longitude:-80.1987222,Mls Status:Active,Year Built:2016,Directions:thank goodness for GPS ;),Living Area:5335,Postal Code:33127,Street Name:39th St,Coordinates:1:25.812754,Photos Count:21,Building Name:PRINCESS PARK,Days On Market:10,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Princess Park,On Market Date:2024-11-08,Parcel Number:01-31-24-021-0700,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Pest Control,4:Sewer,5:Trash Collection,6:Water,Stories Total:2,Street Number:165,M I A M I R E_ Style:Fourplex,Public Remarks:PRIME LOCATION just 1 block from the vibrant Design District, this Newly renovated 8-unit presents an exceptional investment opportunity. Spanning 2 stories on a 7,500 sq. ft. lot, each of the 8 1-bed, 1-bath units boasts modern finishes. Interiors have been meticulously gutted & rebuilt from the studs. Every unit has a full size washer/dryer, separately metered & tenants pay electric. ? Residents enjoy access to secure on-site gated parking, 1 designated space/unit, along w/2 outdoor common areas designed for entertaining w/grilling station. The building is not only a well-managed asset but also home to a community of professional young tenants who work in the vicinity. Schedule your private tour today!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Compass Florida, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2911,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PRINCESS PARK,Tax Annual Amount:19734,Unparsed Address:165 NW 39th St, Miami FL 33127,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:5335,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:496.7198,Original List Price:2650000,Public Survey Range:31,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:8,Syndication Remarks:PRIME LOCATION just 1 block from the vibrant Design District, this Newly renovated 8-unit presents an exceptional investment opportunity. Spanning 2 stories on a 7,500 sq. ft. lot, each of the 8 1-bed, 1-bath units boasts modern finishes. Interiors have been meticulously gutted & rebuilt from the studs. Every unit has a full size washer/dryer, separately metered & tenants pay electric. ? Residents enjoy access to secure on-site gated parking, 1 designated space/unit, along w/2 outdoor common areas designed for entertaining w/grilling station. The building is not only a well-managed asset but also home to a community of professional young tenants who work in the vicinity. Schedule your private tour today!,Listing Contract Date:2024-11-08,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Showing Assist,Virtual Showing Available,Street Number Numeric:165,Tax Legal Description:PRINCESS PARK PB 6-87 LOT 17 & W1/2 OF LOT 18 BLK 4 LOT SIZE 75.000 X 100 OR 20154-2200 01 2002 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:5335,M I A M I R E_ Internet Remarks:8-unit building, 100% occupied, 1 bed/1 bath units, $199k gross rents, modern finishes, gated parking, great location near Design District!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-11-08,Internet Address Display 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:496.72,