$1,900,000
Miami, FL 33127
MLS# R10386295
Status: Closed
4242 sqft
1 / 16
Property Description
Fantastic opportunity to acquire a multi-unit (6)apartment building in the heart of Wynwood. Walking distance to trendy art district, Wynwood Walls, Design District, fine dining and upscale shopping. The building is currently fully leased. Investors can generate income and then redevelop the property to its highest and best use, in the future. Zoned T5-O which allows developments up to 8 stories. Also, the NRD zoning allows for parking to be provided on-site or offsite through a centralized parking system in order to consolidate parking, encouraging walking, and reducing the burden on property owners of mandated parking requirements onsite.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2017-12-05
Status: Closed
Original List Price: 2200000
Sold Price: $1,900,000
Current Price: $1,900,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Postal Zip: 33127
Geographic Area: DADE
Street Number: 33
Street Direction Prefix: NW
Street Name: 28th
Street Suffix: Street
State Or Province: FL
Postal Code: 33127
Subdivision Name: ST JAMES PARK
Area: 2310
Parcel Number: 0131250281060
Zoning: T5-0 6101
Directions: 95 to I-195 E
Take exit 2a on to N. Miami Ave. turn right on NW. 28th St. The destination is on your right
General Property Information
Number Of Units Total: 6
Living Area Main: 4242
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 4242
Building Area Source: Public Records
Year Built: 1986
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-12-06T16:53:53Z
Major Change Type: Status Change
Price Change Timestamp: 2018-07-10T16:40:01Z
Status Change Date: 2018-12-06
Under Contract Date: 2018-07-11
Close Date: 2018-12-04
Close Price: 1900000
Association Amenities
None: 1
Exterior Features
None: 1
Flooring
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
None: 1
Possession
Close Of Escrow: 1
Utilities
Electricity Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Trade: 1
Lot Features
Sidewalks: 1
Road Frontage Type
Public Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 0
Source Of Expenses
Other: 1
Cooling
Central Individual: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Details
Actual Rent: 1250
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 822
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 822
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
SqFt: 822
Unit 4 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 822
Price Calculations
Current Price To SqFt: 447.9
Original List Price To Close Price: 1.15
Financial Information
Tax Annual Amount: 16768.93
Tax Year: 2017
Tax Legal Description: 25 53 41 ST JAMES PK PB 3-65 LOT 22 LESS S10FT FOR R/W BLK 5 LOT SIZE 50.000 X 128 OR 20221-0404 02 2002 1 COC 21374-320
Originating Details
Originating System Key: 20171128184004771455000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Exterior Features: None
Flooring: Other
Property Condition: Resale
Tenant Pays: None
Source Of Expenses: Other
Construction Materials: CBS
Cooling: Central Individual
Heating: Central
Listing Terms: Cash; Conventional; Trade
Lot Features: Sidewalks
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: Public Road
Road Surface Type: Paved
Roof: Composition
Tax Information: City/County
Utilities: Electricity Available
Water Access: None
Showing Requirements: Appointment Only; Call Listing Agent
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Contingencies: None
Listing Office: The Keyes Company (PBG)
Last Updated: August - 06 - 2026
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