165 39th St,Detached, Quadruplex, Quadruplex, Fourplex, Princess Park

165 39th St, Miami, Florida, 33127

Price $2,150,000.00

  • Lot size 5335
  • Year Build 2018
  • Waterfront
  • Zip 33127
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Welcome to Design 39! This asset is a newly renovated 8-unit apartment building that spans over two stories, comprising eight 1 bedroom 1 bath oversized units with modern finishes and in-unit laundry, on a 7,500 sq. ft. lot. The building is currently 100% occupied, current NOI of $115,303.11 with Gross Rents of $142,044.00. The building & units are all just 3 years old, meticulously maintained with professional landscaping. On-site gated parking 1 per unit & two outdoor common areas for entertaining which includes a grilling station. Well managed building with all wonderful young professionals tenants who work in the area. Amazing location & in an Opportunity Zone. Bitcoin will be accepted as a form of payment with this transaction.

a true gem and hassle free asset your clients will enjoy owning. On 39th St and 1 block away from Swan & all the boutiques of the Design District. All current tenants went through a highly rigorous vetting process to ensure young professionals. I would love to show you Design 39 please call to set up showing. Text for for info.

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

Welcome to Design 39! This asset is a newly renovated 8-unit apartment building that spans over two stories, comprising eight 1 bedroom 1 bath oversized units with modern finishes and in-unit laundry, on a 7,500 sq. ft. lot. The building is currently 100% occupied, current NOI of $115,303.11 with Gross Rents of $142,044.00. The building & units are all just 3 years old, meticulously maintained with professional landscaping. On-site gated parking 1 per unit & two outdoor common areas for entertaining which includes a grilling station. Well managed building with all wonderful young professionals tenants who work in the area. Amazing location & in an Opportunity Zone. Bitcoin will be accepted as a form of payment with this transaction.

City:Miami,Zoning:0104,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.812751,Malone Id:2093761893,Cooling Y N:1,Heating Y N:1,List Price:2150000,Listing Id:A11020270,Longitude:-80.1987085,Mls Status:Active,Year Built:2018,Living Area:5335,Possession:1:Other,Postal Code:33127,Street Name:39th St,Coordinates:1:25.812751,Photos Count:22,Building Name:PRINCESS PARK,Days On Market:9,Listing Terms:1:Cash,2:Conventional,3:Cryptocurrency,Lot Size Units:Square Feet,M L S Area Major:Princess Park,On Market Date:2021-04-12,Parcel Number:01-31-24-021-0700,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:2,Street Number:165,M I A M I R E_ Style:Fourplex,Public Remarks:Welcome to Design 39! This asset is a newly renovated 8-unit apartment building that spans over two stories, comprising eight 1 bedroom 1 bath oversized units with modern finishes and in-unit laundry, on a 7,500 sq. ft. lot. The building is currently 100% occupied, current NOI of $115,303.11 with Gross Rents of $142,044.00. The building & units are all just 3 years old, meticulously maintained with professional landscaping. On-site gated parking 1 per unit & two outdoor common areas for entertaining which includes a grilling station. Well managed building with all wonderful young professionals tenants who work in the area. Amazing location & in an Opportunity Zone. Bitcoin will be accepted as a form of payment with this transaction.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-12-31,Private Remarks:a true gem and hassle free asset your clients will enjoy owning. On 39th St and 1 block away from Swan & all the boutiques of the Design District. All current tenants went through a highly rigorous vetting process to ensure young professionals. I would love to show you Design 39 please call to set up showing. Text for for info.,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,Design 39,Tax Annual Amount:10857,Unparsed Address:165 NW 39th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5335,Building Area Units:Square Feet,Lot Size Square Feet:5335,M I A M I R E_ L P Amt Sq Ft:402.9991,Original List Price:2150000,Public Survey Range:31,Documents Available:1:Deposit - Security,2:Financial Statement,3:Copy Of Lease(S),4:Other Available Information,5:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:8,Syndication Remarks:Welcome to Design 39! This asset is a newly renovated 8-unit apartment building that spans over two stories, comprising eight 1 bedroom 1 bath oversized units with modern finishes and in-unit laundry, on a 7,500 sq. ft. lot. The building is currently 100% occupied, current NOI of $115,303.11 with Gross Rents of $142,044.00. The building & units are all just 3 years old, meticulously maintained with professional landscaping. On-site gated parking 1 per unit & two outdoor common areas for entertaining which includes a grilling station. Well managed building with all wonderful young professionals tenants who work in the area. Amazing location & in an Opportunity Zone. Bitcoin will be accepted as a form of payment with this transaction.,Listing Contract Date:2021-04-12,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,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?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:5335,Contract Status Change Date:2021-04-12,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:3%,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:403,

  • Price $2,150,000.00
  • Price Change: 2021-03-29
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 2018
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2021-03-29
  • Days on Market 23
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision PRINCESS PARK,Design 39
  • Development Name PRINCESS PARK, PRINCESS PARK,Design 39, Princess Park
  • HOA Fees
  • Taxes 10857
  • Taxes Year 2020