151 1st St,Commercial/Residential Income, Residential-Multi-Family

151 1st St, Miami, Florida, 33131

Price $3,600,000.00

  • Lot size 7919
  • Year Build 2016
  • Waterfront
  • Zip 33131
  • Style
  • Parking Description None, On Street, Valet
  • Pool Yes
  • Status Active

Description

Great opportunity to acquire a 9-unit income-producing portfolio in one of the newest and more modern development the heart of Downtown Miami This portfolio of 100% leased generating steady income and has the potential to convert into a short-term operation (minimum 30-day rental). Miami is experiencing an unprecedented growth and it is becoming the new tech and crypto currency capital of the world. Short term rentals are in high demand. Centro provides an exceptional living experience while enjoying the benefits of living in Downtown Miami

CENTRO CONDO 9-Unit Portfolio UNDIV 0.231896% INT IN COMMON ELEMENTS OFF REC 28739-2632

City Location

Great opportunity to acquire a 9-unit income-producing portfolio in one of the newest and more modern development the heart of Downtown Miami This portfolio of 100% leased generating steady income and has the potential to convert into a short-term operation (minimum 30-day rental). Miami is experiencing an unprecedented growth and it is becoming the new tech and crypto currency capital of the world. Short term rentals are in high demand. Centro provides an exceptional living experience while enjoying the benefits of living in Downtown Miami

City:Miami,Zoning:6401,List A O R:A-Miami Association of REALTORS,Stories:37,Tax Year:2020,Latitude:25.7735748,Malone Id:2175035391,Lease Term:Annual Lease,List Price:3600000,Listing Id:A11095972,Longitude:-80.190745,Mls Status:Active,Year Built:2016,Postal Code:33131,Street Name:1st St,Coordinates:1:25.7735748,Photos Count:12,Building Name:CENTRO,Business Type:1:Residential-Multi-Family,Days On Market:5,Listing Terms:1:Cash,2:Cryptocurrency,Lot Size Units:Square Feet,On Market Date:2021-09-09,Parcel Number:01-41-38-153-0950,Property Type:Commercial Sale,Stories Total:37,Street Number:151,Open Parking Y N:1,Public Remarks:Great opportunity to acquire a 9-unit income-producing portfolio in one of the newest and more modern development the heart of Downtown Miami This portfolio of 100% leased generating steady income and has the potential to convert into a short-term operation (minimum 30-day rental). Miami is experiencing an unprecedented growth and it is becoming the new tech and crypto currency capital of the world. Short term rentals are in high demand. Centro provides an exceptional living experience while enjoying the benefits of living in Downtown Miami,County Or Parish:Miami-Dade County,Expiration Date:2022-03-07,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:On Street,2:Valet,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:57786,Unparsed Address:151 SE 1st St, Miami FL 33131,Listing Agreement:Exclusive Agency,Security Features:1:Smoke Detector(s),2:Fire Sprinkler System,Year Built Details:New Construction,Building Area Total:7919,Building Area Units:Square Feet,Lease Considered Y N:1,Number Of Buildings:1,Original List Price:3600000,Public Survey Range:41,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Net Operating Income:144378,Syndication Remarks:Great opportunity to acquire a 9-unit income-producing portfolio in one of the newest and more modern development the heart of Downtown Miami This portfolio of 100% leased generating steady income and has the potential to convert into a short-term operation (minimum 30-day rental). Miami is experiencing an unprecedented growth and it is becoming the new tech and crypto currency capital of the world. Short term rentals are in high demand. Centro provides an exceptional living experience while enjoying the benefits of living in Downtown Miami,Listing Contract Date:2021-09-09,Originating System I D:miamire,Public Survey Section:38,Showing Instructions:Call Listing Agent,Street Number Numeric:151,Tax Legal Description:CENTRO CONDO 9-Unit Portfolio UNDIV 0.231896% INT IN COMMON ELEMENTS OFF REC 28739-2632,Gross Scheduled Income:254400,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2021-09-09,Internet Address Display Y N:1,Number Of Units In Community:9,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $3,600,000.00
  • Price Change: 2021-09-08
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 2016
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description None, On Street, Valet
  • Flooring Type Concrete
  • Property Type Commercial Sale
  • Status Active
  • Listed 2021-09-08
  • Days on Market 16
  • Furnished
  • City Miami
  • Zip 33131
  • State Florida
  • Subdivision
  • Development Name CENTRO
  • HOA Fees
  • Taxes 57786
  • Taxes Year 2020