$1,220,000
Miami, FL 33138
MLS# A11322742
Status: Closed
2643 sqft
1 / 18
Property Description
Location, Location, Location! Rare Mimo/Art Deco style 4 Plex w/ pool on a double lot zoned T4-R (Multifamily 2-9 Units) located between the long awaited Magic City Innovation District and Biscayne Blvd. Keep existing 4 Plex, create Bed and Breakfast or REDEVELOP up to 3 stories and 9 units. The current NOI is substantially under market. An adjusted NOI will bring roughly $76k+ yr. 2 short blocks to Starbucks, Panther Coffee, Europa Café, good restaurants and 3 short blocks to legion park where they have the farmers market every Saturday. Call with any questions.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-01-02
Status: Closed
Original List Price: 1600000
Sold Price: $1,220,000
Current Price: $1,220,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33138
Subdivision Number: 24
Multiple Offers Accepted: No
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 431
Street Direction Prefix: NE
Street Name: 64th
Street Suffix: Street
State Or Province: FL
Postal Code: 33138
Postal Code +4: 6158
Subdivision Name: NORTH GATE
Area: 2320
Parcel Number: 0132180240640
Zoning: 3900
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2387
Living Area Main: 2643
Lot Size Dimensions: 12,500 SQ. FT
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: Yes
Property Sub Type: Quadruplex
Building Area Main: 2643
Year Built: 1950
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-07-28T20:49:57Z
Major Change Type: Status Change
Price Change Timestamp: 2023-03-29T16:47:18Z
Status Change Date: 2023-08-01
Under Contract Date: 2023-05-24
Close Date: 2023-07-28
Close Price: 1220000
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Carpet: 1
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Corporate Owned: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Equipment Lists: 1
Existing Survey: 1
Rent Rolls: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Other Structures
Outbuilding: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Oversized Lot: 1
Pool Features
Child Gate: 1
In Ground: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 54600
Total Expenses: 19500
Net Operating Income: 35100
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33138
Concessions
Seller Concessions: No
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Fuse Box: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Fuse Box: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1250
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Fuse Box: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1200
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Other Equipment
Air Conditioning Unit: 1
Fuse Box: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 461.6
Section Details
Parcel Number MLX: 0640
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 11443
Tax Year: 2022
Tax Legal Description: NORTH GATE PB 8-88 LOTS 13 & 14 BLK 5 LOT SIZE 12500 SQUARE FEET OR 20136-2664 12 2001 1
Originating Details
Originating System Key: 377497601
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Equipment Lists; Existing Survey; Rent Rolls
Electric: Circuit Breakers
Exterior Features: Lighting
Fencing: Fenced
Flooring: Carpet; Tile
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: Block; CBS
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Oversized Lot
Other Structures: Outbuilding
Pool Features: Child Gate; In Ground
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Special Information: Corporate Owned
Tax Information: City/County
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Fuse Box; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Fuse Box; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Fuse Box; Smoke Detector(s)
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Fuse Box; Smoke Detector(s)
Unit 4 Parking Features: Open Parking
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Crawford & Co R.E. Svs's LLC
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
