$2,580,000
North Miami, FL 33161
MLS# F10294628
Status: Closed
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Property Description
Prime opportunity to buy a portfolio 4 *NEW CONSTRUCTION* duplexes (8 total units) in North Miami. Very little landlord responsibility as tenants pay for all utilities except lawn care. Each unit is 2,300 square feet and has 3 bedrooms and 2 bathrooms, central AC, washing machine and dryer, granite countertops, tile floors throughout (NO CARPET), white shaker cabinets and stainless steel appliances. All units are separately metered for electric / FPL. Great tenants with no collection issues. Rental rate per unit is $2,300 per unit. Quality construction! Lots of pictures of interior and exterior to look through. 6.0% CAP rate at asking price!! Brand new constructionEach unit is 2,300 square feet Rental rate is $2,300 per unitBarrel tile roofImpact windows and doors No carpet
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-07-27
Status: Closed
Original List Price: 2600000
Sold Price: $2,580,000
Current Price: $2,580,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: North Miami
Municipal Code: 30
Postal Zip: 33161
Development Name: 8 UNIT PORTFOLIO
Subdivision Number: 90
Country: United States
Street Number: 14750
Street Direction Prefix: NE
Street Name: 7
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33161
Subdivision Name: NORTH MIAMI
Area: 2220
Parcel Number: 3022190900080
Zoning: 2800
Directions: PLEASE USE GOOGLE MAPS.
General Property Information
Number Of Units Total: 2
Living Area Main: 2317
Gated Community YN: No
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Year Built: 2020
Builder Model: NEW CONSTRUCTION
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2021-11-12T23:17:42Z
Major Change Type: Status Change
Status Change Date: 2021-11-15
Under Contract Date: 2021-09-10
Close Date: 2021-11-12
Close Price: 2580000
Flooring
Tile: 1
Short Sale Details
Short Sale Addendum: No
Co-Ownership
Property Management YN: No
Documents Available
None: 1
Possession
Negotiable: 1
Utilities
Cable Available: 1
Sewer Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Spanish Tile: 1
Water Source
Other: 1
Cooling
Central Air: 1
Restrictions
Other Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 2300
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 2300
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 2300
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 2300
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Other: 1
Price Calculations
Current Price To SqFt: 1113.51
Original List Price To Close Price: 0.99
Section Details
Parcel Number MLX: 0080
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 765
Tax Year: 2020
Tax Legal Description: REPLT OF SABAL GROVE PB 130-60 LOT 8 BLK 3 LOT SIZE 7516 SQ FT & INT IN COMMON AREA OR 19562-1908 03 2001 4 (4)
Income and Expenses
Net Operating Income: 220800
Gross Scheduled Income: 156000
Originating Details
Originating System Key: 545516925
Originating System ID: M00000170
Property Features
Documents Available: None
Flooring: Tile
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Restrictions: Other Restrictions
Roof: Spanish Tile
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available; Sewer Available
Water Source: Other
Outdoor Living Spaces: Balcony; Porch
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Other
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Las Olas R E Professionals
Last Updated: August - 11 - 2026
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