$665,000
North Miami Beach, FL 33162
MLS# A11118441
Status: Closed
2210 sqft
1 / 20
Property Description
Amazing renovated FOURPLEX, Live in one unit and rent the other. Great location, close to the beach, Aventura Mall, shopping, etc. Great News! !!! UNITS AS FOLLOWS: /1, 1/1, 1/1, and 1/1. FULLY RENTED SOLID TENANTS WITH YEARLY CONTRACTS, MOST LEASES EXPIRE ON JUNE 2023 INCOME 50K A YEAR, Completely remodeled, All new kitchens, baths, and floors, paint ready to go, buildings could have rents raised and all units.The roof was done by the seller at the time of the purchase of the units in 2018, therefore roof is almost 5 years old. The seller is motivated to sell, bring offers in!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-11-09
Status: Closed
Original List Price: 749950
Sold Price: $665,000
Current Price: $665,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: North Miami Beach
Municipal Code: 2
Postal Zip: 33162
Subdivision Number: 6
Flood Zone: X
Country: United States
Street Number: 2032
Street Direction Prefix: NE
Street Name: 168th
Street Suffix: Street
State Or Province: FL
Postal Code: 33162
Postal Code +4: 3275
Subdivision Name: FULFORD BY THE SEA SEC D
Area: 2220
Parcel Number: 0722090062460
Zoning: 3800
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2210
Living Area Main: 2210
Parking Total: 8
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2210
Year Built: 1957
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-02-10T18:47:56Z
Major Change Type: Status Change
Price Change Timestamp: 2022-11-12T16:39:02Z
Status Change Date: 2023-02-24
Under Contract Date: 2023-01-16
Close Date: 2023-02-10
Close Price: 665000
Flooring
Ceramic Tile: 1
Documents Available
Financial Statement: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Other: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Roof
Concrete: 1
Income and Expenses
Gross Income: 4800
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Contingencies
Backup Contract/Call LA: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 1100
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 1000
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Open Parking: 1
Unit 4 Details
Actual Rent: 1200
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 300.9
Section Details
Parcel Number MLX: 2460
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 6966
Tax Year: 2020
Tax Legal Description: 9 52 42 FULFORD BY THE SEA SEC D PB 8-58 LOTS 8 & 9 BLK 56 LOT SIZE 5250 SQUARE FEET OR 16351-0096 0494 1 COC23382-4326/23495-1214 0505 1
Originating Details
Originating System Key: 363829336
Originating System ID: M00000151
Property Features
Documents Available: Financial Statement
Flooring: Ceramic Tile
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Central Air
Heating: Separate Meters; Other
Listing Terms: Cash; Conventional; FHA
Possession: Negotiable
Roof: Concrete
Sewer: Public Sewer
Utilities: Cable Available
Showing Requirements: Call Listing Agent; Showing Service
Unit 1 Parking Features: Open Parking
Unit 2 Parking Features: Open Parking
Unit 3 Parking Features: Open Parking
Unit 4 Parking Features: Open Parking
Contingencies: Backup Contract/Call LA
Acreage Description: 1/2 To Less Than 1 Acre Lot
Supplements
UNIT1 $1,100.00 UniT2 $1,000.00 Unit3 $1,500.00 Unit4 $1,200.00 rent Aunal Rent Net income (rent-expen) Cap Rate$4,800 $57,600.00 $39,979.58 6.92%General Yearly Cost to OperateGeneral Upgrades or Tenants Request, $600Materials like floor kitchen, $800Electrical work, $800HVAC, $440Insurance, $2,223.00 Yearly lawns, $1,200.00 Water average every 3 months, $300 Yearly cost; $1,400.00 Freezers/Fridges, $300.00 Miscellaneous, $2,500.00 Taxes, $6,757.42 Property Manager, $600.00 Total Yearly Maintenance, $17,620.42
Listing Office: Sigma Real Estate & Investment
Last Updated: August - 11 - 2026
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