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1227 SW 3rd St Miami, FL 33135
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Key Details
Sold Price $838,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,782 sqft
Price per Sqft $221
Subdivision Lawrence Estate Land Cos
MLS Listing ID A11188776
Sold Date 09/12/22
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1923
Annual Tax Amount $10,582
Tax Year 2021
Contingent No Contingencies
Property Description
GREAT INCOME AND VALORIZATION OPPORTUNITY IN LITTLE HAVANA. FIVE LEGAL UNITS IN A 7,500 SQF LOT: 4/2, 2/1, 2/1, 2/1 AND 1/1 . 3,782 SQF IN TOTAL. FULLY RENTED ON MONTH TO MONTH BASIS. GREAT TENANTS. SOME RENTS ARE BELOW MARKET VALUE. SEE ATTACHED GROSS INCOME.
FAST GROWTH POPULATION, CENTRAL LOCATION AND ZONNING MAKES IT THE PERFECT SHORT-TERM/VACATION RENTAL AND A PERFECT CASH MAKING MACHINE.
T5-O ZONNING OFFERS PLENTY OF UPSIDE POTENTIAL FOR DEVELOPERS AS COMMERCIAL, OFFICE AND MULTIFAMILY RESIDENCES ARE PERMITTED.
NEW DEVELOPMENTS UNDER CONSTRUCTION IN THE SAME BLOCK.
EXCELLENT LOCATION, VERY CENTRAL, CLOSE TO BRICKELL AND DOWNTOWN,EASY ACCES TO PUBLIC TRANSPORTATION.
Location
State FL
County Miami-dade County
Community Lawrence Estate Land Cos
Area 41
Direction JUST MINUTES FROM TRENDY RESTAURANTS, BARS AND SHOPS. AND VERY CLOSE TO HE CUBAN AND LATIN FLAVOR, ARTS AND ENTERTAINMENT OF CALLE 8 WITH ITS CULTURALLY RICH AND COLORFUL LIFESTYLE.
Interior
Heating None
Cooling Central Air, Wall/Window Unit(s)
Flooring Concrete, Ceramic Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle,Wood
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Frame,Stucco
Construction Status New Construction
Others
Tax ID 01-41-02-006-2101
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with Capital Intl Realty LLC
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