322 17th Ave,Detached, Quadruplex, Quadruplex, Fourplex, Idlewild Park

322 17th Ave, Miami, Florida, 33135

Price $1,320,000.00

  • Lot size 5776
  • Year Build 1926
  • Waterfront
  • Zip 33135
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE!! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A/C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!!

PLEASE DO NOT DISTURB THE TENANTS. 24 hour notice for all showing with Proof of Funds.

IDLEWILD PARK PB 2-87 N49FT OF S98FT LOTS 1 & 2 BLK 37 LESS R/W LOT SIZE 49.000 X 96 OR 19238-4159 0800 1

Less Than 1/4 Acre Lot

Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE!! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A/C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!!

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2020,Latitude:25.7693978,Malone Id:1006300697,Cooling Y N:1,Heating Y N:1,List Price:1320000,Listing Id:A10993191,Longitude:-80.2229599,Mls Status:Active,Year Built:1926,Living Area:5776,Postal Code:33135,Street Name:17th Ave,Coordinates:1:25.7693978,Photos Count:21,Building Name:IDLEWILD PARK,Days On Market:143,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Idlewild Park,On Market Date:2021-02-03,Parcel Number:01-41-03-014-1410,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:322,M I A M I R E_ Style:Fourplex,Public Remarks:Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE!! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A/C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-08-31,Private Remarks:PLEASE DO NOT DISTURB THE TENANTS. 24 hour notice for all showing with Proof of Funds.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3675,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:IDLEWILD PARK,Tax Annual Amount:12609,Unparsed Address:322 SW 17th Ave, Miami FL 33135,Listing Agreement:Exclusive Right To Sell,Year Built Details:Unknown,Building Area Total:5776,Building Area Units:Square Feet,Lot Size Square Feet:5776,M I A M I R E_ L P Amt Sq Ft:228.5319,Original List Price:1550000,Previous List Price:1550000,Public Survey Range:41,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:8,Syndication Remarks:Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE!! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A/C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!!,Listing Contract Date:2021-02-03,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:24 Hour Notice,Call Listing Agent,Showing Assist,Street Number Numeric:322,Tax Legal Description:IDLEWILD PARK PB 2-87 N49FT OF S98FT LOTS 1 & 2 BLK 37 LESS R/W LOT SIZE 49.000 X 96 OR 19238-4159 0800 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$1,M I A M I R E_ Adjusted Area S F:2926,Contract Status Change Date:2021-02-03,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,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:228.53,Internet Automated Valuation Display Y N:1,

  • Price $1,320,000.00
  • Price Change: 2021-03-04
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1926
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction Other
  • Parking Description
  • Flooring Type Wood
  • Property Type Residential Income
  • Status Active
  • Listed 2021-03-04
  • Days on Market 175
  • Furnished
  • City Miami
  • Zip 33135
  • State Florida
  • Subdivision IDLEWILD PARK
  • Development Name IDLEWILD PARK, Idlewild Park
  • HOA Fees
  • Taxes 12609
  • Taxes Year 2020