The physical building is two stories and sits on a 43,997 SF lot, which consists of 67 parking spaces in the rear of the building. The building has 19,123 total SF. There are a total of 12 units in the building. The property has been fully renovated, some of the recent improvements include a new roof (2018), new exterior paint, complete remodel of the interior of units, porcelain tiles in hallways, new asphalt, fencing, and landscaping. The property is listed to sell at only $199 p/SF. This strong income provides an investor with a strong 6.08% cap rate at a full asking price.
Courtesy of: RE/MAX 5 Star Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 8th December, 2021 8:50 PM