1268 3rd St,Detached, Quadruplex, Quadruplex, Fourplex, Lawrence Estate Land Co

1268 3rd St, Miami, Florida, 33125

Price $1,200,000.00

  • Lot size 3351
  • Year Build 2020
  • Waterfront
  • Zip 33125
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Pending

Description

Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex? Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.

LAWRENCE ESTATE LAND COS SUB PB 2-46 N100FT LOT 9 BLK 51 LOT SIZE 50.000 X 100 COC 25531-3387 25604-4888 0407 1

Less Than 1/4 Acre Lot

Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex? Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.

City:Miami,Zoning:6107,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2020,Latitude:25.7761679,Malone Id:1068139436,Cooling Y N:1,Heating Y N:1,List Price:1200000,Listing Id:A10924821,Longitude:-80.21612,Mls Status:Pending,Year Built:2020,Living Area:3351,Postal Code:33125,Street Name:3rd St,Contingency:No Contingencies,Coordinates:1:25.7761679,Photos Count:7,Building Name:LAWRENCE ESTATE LAND CO,Days On Market:315,Listing Terms:1:Conventional,2:Exchange,Lot Size Units:Square Feet,M L S Area Major:Lawrence Estate Land Co,On Market Date:2020-09-09,Parcel Number:01-41-02-005-7610,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:1268,M I A M I R E_ Style:Fourplex,Off Market Date:2021-07-21,Public Remarks:Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex? Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-08-24,Standard Status:Pending,Window Features:1:High Impact Windows,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:5608,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE ESTATE LAND CO,Tax Annual Amount:17076,Total Actual Rent:79200,Unparsed Address:1268 NW 3rd St, Miami FL 33125,Listing Agreement:Exclusive Agency,Operating Expense:22556,Year Built Details:New Construction,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:358.1021,New Construction Y N:1,Original List Price:1200000,Public Survey Range:41,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Net Operating Income:52060,Number Of Units Total:4,Syndication Remarks:Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex? Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.,Listing Contract Date:2020-09-09,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1268,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 N100FT LOT 9 BLK 51 LOT SIZE 50.000 X 100 COC 25531-3387 25604-4888 0407 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3351,Contract Status Change Date:2021-07-21,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:358.1,Internet Automated Valuation Display Y N:1,

  • Price $1,200,000.00
  • Price Change: 2020-09-09
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 2020
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Pending
  • Listed 2020-09-09
  • Days on Market 369
  • Furnished
  • City Miami
  • Zip 33125
  • State Florida
  • Subdivision LAWRENCE ESTATE LAND CO
  • Development Name LAWRENCE ESTATE LAND CO, Lawrence Estate Land Co
  • HOA Fees
  • Taxes 17076
  • Taxes Year 2020