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$950,000
347 NE 108th Street
Miami, FL 33161
MLS# A11240753
Status: Closed
3416 sqft


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Property Description
SOUGHT AFTER LOCATION between Miami Shores and Biscayne Park sitting on an oversized 13,375 corner lot! This multi-family is the perfect opportunity to own a turn-key fully rented cash-flowing asset. Potential buyers will have the chance to continue operating the building as apartment rentals with room to increase rent up to $8,000/m with light touch interior TLC. This property consists of two Duplexes with 2 units each. Each unit features 2-beds/1-bath. A shared laundry room in the backyard has a washer and dryer hookup. There is a gorgeous and extensive yard with fully grown Mango trees. The roof has been completely changed with permits in 2014, fresh exterior paint, modern landscaping, and much more!. Close proximity to Barry University. Pro forma rental can be provided upon request.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2022-07-13
Status: Closed
Original List Price: 950000
Sold Price: $950,000
Current Price: $950,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33161
Subdivision Number: 42
Flood Zone: X
Country: United States
Street Number: 347
Street Direction Prefix: NE
Street Name: 108th
Street Suffix: Street
State Or Province: FL
Postal Code: 33161
Postal Code +4: 7171
Subdivision Name: PASADENA PARK SUB
Area: 2220
Parcel Number: 3022310420080
Zoning: 5700
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 3202
Living Area Main: 3416
Parking Total: 8
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3416
Year Built: 1950
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-09-06T19:00:01Z
Major Change Type: Status Change
Status Change Date: 2022-10-03
Under Contract Date: 2022-07-20
Close Date: 2022-09-06
Close Price: 950000
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Other Available Information: 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Tile: 1
Income and Expenses
Gross Income: 3275
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
None: 1
Buyer Details
Country of Origin: Venezuela
Intended Use: Investment
Concessions
Seller Concessions: No
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Other: 1
Unit 1 Details
Actual Rent: 1575
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 780
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Other: 1
Unit 2 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 780
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Price Calculations
Current Price To SqFt: 278.1
Section Details
Parcel Number MLX: 0080
Financial Information
Tax Annual Amount: 7315
Tax Year: 2021
Tax Legal Description: PASADENA PARK SUB PB 6-59 LOTS 8 & 9 BLK 1 LOT SIZE 107.000 X 125 OR 20506-0635 06 2002 1
Originating Details
Originating System Key: 371866737
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Other Available Information; Rent Rolls
Flooring: Tile
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Separate Meters; Window/Wall
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Flat; Tile
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Appliances: Microwave; Range; Refrigerator; Other
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Microwave; Range; Refrigerator; Other
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Contingencies: None

IDX
Listing Office: Global Luxury Realty LLC

Last Updated: August - 11 - 2026

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