$735,000
Miami, FL 33128
MLS# A11218090
Status: Closed
3116 sqft
1 / 42
Property Description
Fausto Commercial is proud to present an opportunity to buy this Value Add property. Master Plans to remodel complete the building are in process of final revisions for approval, all the long and expensive process of getting plans approved in the City of Miami is already taken care of. This building has 2 stories and Four total Units, Each layout 3 bedrooms 1 bath Allowing you to collect more per unit. The two units downstairs are down to the studs to begin work, saving you money on Demo. The Upstairs Units are collecting $3,600 per month, allowing you to collect cash flow while you complete the project. Zoning Allows for Short term rental in this desirable area. What this means to you is that you can significantly increase the monthly cash flow of this building once complete.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2022-06-06
Status: Closed
Original List Price: 875000
Sold Price: $735,000
Current Price: $735,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33128
Subdivision Number: 3
Flood Zone: AE
Country: United States
Street Number: 103
Street Direction Prefix: NW
Street Name: 9th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33128
Postal Code +4: 1349
Subdivision Name: BRICKELL RIVERVIEW
Area: 2410
Parcel Number: 0141380033370
Zoning: 3900
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3116
Living Area Main: 3116
Parking Total: 4
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3116
Year Built: 1925
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-08-11T15:36:15Z
Major Change Type: Status Change
Status Change Date: 2022-08-16
Under Contract Date: 2022-08-01
Close Date: 2022-08-11
Close Price: 735000
Electric
Circuit Breakers: 1
Flooring
Vinyl: 1
Property Condition
Under Construction: 1
Documents Available
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Not Available: 1
Heating
Separate Meters: 1
None: 1
Construction Materials
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Roof
Concrete: 1
Income and Expenses
Gross Income: 3725
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33135
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 10000
Unit 1 Details
Actual Rent: 2075
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
On Street: 1
Unit 2 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
On Street: 1
Unit 3 Details
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 3 Lease Description
Occupant Type: Vacant
Unit 3 Parking Features
On Street: 1
Unit 4 Details
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 4 Lease Description
Occupant Type: Vacant
Unit 4 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 235.88
Section Details
Parcel Number MLX: 3370
Financial Information
Tax Annual Amount: 7444
Tax Year: 2021
Tax Legal Description: BRICKELLS RIVERVIEW PB 5-43 S50FT LOT 11 BLK 4 LOT SIZE 50.000 X 50 OR 20842-4726 09 2002 3 COC 24355-2056 11 2005 5
Originating Details
Originating System Key: 370464211
Originating System ID: M00000151
Property Features
Documents Available: Rent Rolls
Electric: Circuit Breakers
Flooring: Vinyl
Property Condition: Under Construction
Structure Type: Multi Family
Construction Materials: Frame; Stucco
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Separate Meters; None
Listing Terms: Cash
Possession: Negotiable
Roof: Concrete
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Not Available
Showing Requirements: Appointment Only
Unit 1 Parking Features: On Street
Unit 2 Parking Features: On Street
Unit 3 Parking Features: On Street
Unit 4 Parking Features: On Street
Contingencies: None
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: August - 11 - 2026
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