$1,244,850
$1,300,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4,324 SqFt
SOLD DATE : 06/24/2022
Key Details
Sold Price $1,244,850
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,324 sqft
Price per Sqft $287
Subdivision Biscayne Bch Sub
MLS Listing ID A11199635
Sold Date 06/24/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $12,184
Tax Year 2021
Contingent Backup Contract/Call LA
Property Description
Substantially renovated, well-maintained investment property in desirable Biscayne Beach subdivision of Miami Beach, consisting of four apartments; each 2-bedroom, 1-bath unit, features recently re-finished hardwood floors, renovated bathrooms and kitchens with wood cabinets, granite counters, stainless-steel appliances and new flooring. New washer-dryer units in every unit, updated plumbing and electric. Roof recently re-vamped, adding 10 years of useful life. All units have transferrable long-term contracts with properly vetted tenants (income, credit, background, and deposits) at a solid market rate with potential for increase. Building is 300-feet (1-minute walk) to the North Beach Trolley Line, and convenient to public transportation. Less than half a mile walk to the beach and parks!
Location
State FL
County Miami-dade County
Community Biscayne Bch Sub
Area 32
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Ceramic Tile, Tile, Vinyl, Wood
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel,Spanish Tile
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Brick,Block
Construction Status Resale
Others
Tax ID 02-32-02-008-1982
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Chaos Realty Group LLC
Miami & South Florida Market Expert, Property Manager, Trusted Professional REALTOR®, Zillow Premier Agent & Real Estate Professional