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Overview
- Updated On:
- February 6, 2024
- 4,479 ft2
Description
Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. One of the unique features of this property is its value-add potential, as it has the right to build an additional up to 14 unit and add 6 units to the existing structure, plans available could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. Great opportunity SELLER FINANCE UP TO 50 %It is rented 25% below market value. Pro forma calculated by Miami Dade Housing 2024
Address: 12240 NE 5th Ave, North Miami FL 33161
City: North Miami
State/County: Miami-Dade County
Zip: 33161
Country: United States
Property Id: 102346
Price: 2.050.000 $
Property Size: 4,479 ft2
Other Features
Has Cooling System
Has Heating System
10,510.76 $
per month- Principal and Interest
- Property Tax
- HOA fee
7,948.26 $
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