8321 Miami Ct ,Quadruplex, Little River Gardens for Sale

8321 Miami Ct for Sale

Price $1,199,000.00

• Lot size 2091
• Year Build 1958
• Waterfront
• Zip 33138
• Style Attached, Detached
• Parking Description
• Pool Yes
• Status Active

Description

Prime Investment Opportunity This well maintained fourplex offers investors a low-maintenance, income-generating asset. there is three 1 bedroom 1 bath and a one 2 bedroom one bath , providing ample space for tenants. Recent updates across the property, new roof, new impact Windows , renovations in flooring, kitchens, bathrooms, Independent electric meters for each unit reduce management costs (owner covers water). all work done with permits. Situated near miami shores, midtown design district, this property is ideally located in a high-demand rental area.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11693700 Gross rent: ($1500+$1500+$1750+$2200)*12 = $6,950/m*12 = $83,400/yr Expenses: Property Taxes: $12,900/yr (2024) Water/Sewer/Trash/Recycling: $400*12=$4800/yr Landscape: $40*10=$400/yr Insurance: $600/yr Total Expenses: $18,700 Net Operating Income (NOI): $64,700/yr NOI CAP: 5.55% Gross CAP: 7%

LITTLE RIVER GARDENS PL BLK 18 TO 23 INC PB 6-153 LOT 24 BLK 20 LOT SIZE 8000 SQUARE FEET COC 24595-1072 05 2006 4

1/4 To Less Than 1/2 Acre Lot

Prime Investment Opportunity This well maintained fourplex offers investors a low-maintenance, income-generating asset. there is three 1 bedroom 1 bath and a one 2 bedroom one bath , providing ample space for tenants. Recent updates across the property, new roof, new impact Windows , renovations in flooring, kitchens, bathrooms, Independent electric meters for each unit reduce management costs (owner covers water). all work done with permits. Situated near miami shores, midtown design district, this property is ideally located in a high-demand rental area.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8519393,Cooling Y N:1,Heating Y N:1,List Price:1199000,Listing Id:A11693700,Longitude:-80.1962517,Mls Status:Active,Year Built:1958,Living Area:2091,Postal Code:33138,Street Name:Miami Ct,Coordinates:1:25.8519393,Photos Count:14,Building Name:LITTLE RIVER GARDENS,Listing Terms:1:Conventional,2:FHA 203K,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Little River Gardens,On Market Date:2024-11-14,Parcel Number:01-31-12-013-0270,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:8321,M I A M I R E_ Style:Fourplex,Public Remarks:Prime Investment Opportunity This well maintained fourplex offers investors a low-maintenance, income-generating asset. there is three 1 bedroom 1 bath and a one 2 bedroom one bath , providing ample space for tenants. Recent updates across the property, new roof, new impact Windows , renovations in flooring, kitchens, bathrooms, Independent electric meters for each unit reduce management costs (owner covers water). all work done with permits. Situated near miami shores, midtown design district, this property is ideally located in a high-demand rental area.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:The Real Estate Lab, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3773,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:LITTLE RIVER GARDENS,Tax Annual Amount:13603,Unparsed Address:8321 NE Miami Ct, Miami FL 33138,Listing Agreement:Exclusive Right To Sell,Year Built Details:New Construction,Building Area Total:2091,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:573.4099,Original List Price:1199000,Public Survey Range:31,Architectural Style:1:Detached,Documents Available:1:Deposit Held,2:Deposit - Last Months Rent,3:Deposit - Security,4:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Prime Investment Opportunity This well maintained fourplex offers investors a low-maintenance, income-generating asset. there is three 1 bedroom 1 bath and a one 2 bedroom one bath , providing ample space for tenants. Recent updates across the property, new roof, new impact Windows , renovations in flooring, kitchens, bathrooms, Independent electric meters for each unit reduce management costs (owner covers water). all work done with permits. Situated near miami shores, midtown design district, this property is ideally located in a high-demand rental area.,Listing Contract Date:2024-11-14,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:24 Hour Notice,Street Number Numeric:8321,Tax Legal Description:LITTLE RIVER GARDENS PL BLK 18 TO 23 INC PB 6-153 LOT 24 BLK 20 LOT SIZE 8000 SQUARE FEET COC 24595-1072 05 2006 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2058,M I A M I R E_ Internet Remarks:Prime Investment Opportunity This well maintained fourplex offers investors a low-maintenance, income-generating asset.,Contract Status Change Date:2024-11-14,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,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:573.41,