177 50th St,Commercial/Residential Income, Residential-Multi-Family

177 50th St, Miami, Florida, 33137

Price $3,950,000.00

  • Lot size 12423
  • Year Build 1926
  • Waterfront
  • Zip 33137
  • Style
  • Parking Description
  • Pool Yes
  • Status Active

Description

Assumable Loan of $2,400,000 with 3.85% interest rate. Contact me for full Offering Package. Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami. Sale can include an additional two ~6,380-square foot lots located at 160 NE 50 Terrace and 169 NE 50th St for an additional $1,250,000 (total purchase price of $5,600,000) that are contiguous with Design District Studios. The property?s unit mix is comprised of 23 studios. The property was constructed in 1926 and it was completely rehabbed in 2013. Located in Opportunity Zone // AAA Location- Next to Wynwood and Edgewater // High Barriers-to-Entry Market // Gated and Secured Property // Completely Remodeled/Rehabbed in 2013 // Ample Parking for Tenants

Contact Mikael Hamaoui @ 305-776-5345 for showings or questions.

BELLAIRE SUB PB 6-24 LOT 4 BLK 1 LOT SIZE 50.000 X 136 COC 23596-3677 07 2005 1

Assumable Loan of $2,400,000 with 3.85% interest rate. Contact me for full Offering Package. Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami. Sale can include an additional two ~6,380-square foot lots located at 160 NE 50 Terrace and 169 NE 50th St for an additional $1,250,000 (total purchase price of $5,600,000) that are contiguous with Design District Studios. The property?s unit mix is comprised of 23 studios. The property was constructed in 1926 and it was completely rehabbed in 2013. Located in Opportunity Zone // AAA Location- Next to Wynwood and Edgewater // High Barriers-to-Entry Market // Gated and Secured Property // Completely Remodeled/Rehabbed in 2013 // Ample Parking for Tenants

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8215596,Malone Id:1019214183,List Price:3950000,Listing Id:A10702908,Longitude:-80.1923449,Mls Status:Active,Year Built:1926,Inclusions:Building & Land,Postal Code:33137,Street Name:50th St,Coordinates:1:25.8215596,Photos Count:8,Business Type:1:Residential-Multi-Family,Days On Market:338,Lot Size Units:Square Feet,On Market Date:2019-07-08,Parcel Number:01-31-24-015-0040,Property Type:Commercial Sale,Stories Total:3,Street Number:177,Public Remarks:Assumable Loan of $2,400,000 with 3.85% interest rate. Contact me for full Offering Package. Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami. Sale can include an additional two ~6,380-square foot lots located at 160 NE 50 Terrace and 169 NE 50th St for an additional $1,250,000 (total purchase price of $5,600,000) that are contiguous with Design District Studios. The property?s unit mix is comprised of 23 studios. The property was constructed in 1926 and it was completely rehabbed in 2013. Located in Opportunity Zone // AAA Location- Next to Wynwood and Edgewater // High Barriers-to-Entry Market // Gated and Secured Property // Completely Remodeled/Rehabbed in 2013 // Ample Parking for Tenants,County Or Parish:Miami-Dade County,Expiration Date:2021-07-14,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2741,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:18970,Unparsed Address:177 NE 50th St, Miami FL 33137,Listing Agreement:Exclusive Right To Sell,Building Area Total:12423,Building Area Units:Square Feet,Lot Size Square Feet:6800,Number Of Buildings:1,Original List Price:4350000,Previous List Price:4350000,Public Survey Range:31,I D X Participation Y N:1,Net Operating Income:151950,Syndication Remarks:Assumable Loan of $2,400,000 with 3.85% interest rate. Contact me for full Offering Package. Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami. Sale can include an additional two ~6,380-square foot lots located at 160 NE 50 Terrace and 169 NE 50th St for an additional $1,250,000 (total purchase price of $5,600,000) that are contiguous with Design District Studios. The property?s unit mix is comprised of 23 studios. The property was constructed in 1926 and it was completely rehabbed in 2013. Located in Opportunity Zone // AAA Location- Next to Wynwood and Edgewater // High Barriers-to-Entry Market // Gated and Secured Property // Completely Remodeled/Rehabbed in 2013 // Ample Parking for Tenants,Listing Contract Date:2019-07-08,Originating System I D:miamire,Public Survey Section:24,Street Number Numeric:177,Tax Legal Description:BELLAIRE SUB PB 6-24 LOT 4 BLK 1 LOT SIZE 50.000 X 136 COC 23596-3677 07 2005 1,Gross Scheduled Income:355350,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2019-07-08,Internet Address Display Y N:1,Number Of Units In Community:23,Dual Variable Compensation Y N:1,Internet Entire Listing Display Y N:1,

  • Price $3,950,000.00
  • Price Change: 2019-11-01
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1926
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type Wood
  • Property Type Commercial Sale
  • Status Active
  • Listed 2019-11-01
  • Days on Market 597
  • Furnished
  • City Miami
  • Zip 33137
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 18970
  • Taxes Year