$415,000
Miami, FL 33150
MLS# A10752744
Status: Closed
2436 sqft
1 / 14
Property Description
MULTIFAMILY WITH 4 SEPARATE UNITS. TWO SEPARATE STRUCTURES. FULLY RENTED. FRONT STRUCTURE (SFH) W/ 3/2 SEPARATE FENCED IN PARKING & PRIVATE YARD. ALL RENTALS REMODELED PRIOR TO TNT(S) MOVING IN. ALL UNITS TILED W/NEW KITCHN-CAB & GRNT-TOPS & STAINLESS APPLIANCES. WASHER/DRYER IN SEP LAUNDRY PANTRY. CENTRAL AC. FRONT TENANT(S) PAY THEIR OWN ELECTRIC & WATER. REAR (TRI-PLEX) THREE (3) SEPARATE INCOME UNITS. FULLY RENTED. CURRENT GROSS ANNUAL INCOME $60,780 with ROOM TO INCREASE RENTS TO $82K PER/YR. CAP RATE over 12% AT CURRENT LISTED PRICE.PROFORMA CAP RATE IS UP TO 18% WITH RENTAL MARKET RATE OF 2019. GOOD LONG TERM TENANTS WITH S8 & CITY OF MIAMI S8. PLS *DO NOT DISTURB TENANT(S)*. NON ASSIGNABLE OFFERS ONLY. OFFER SUBMISSION ATTACHED. PLS FOLLOW INSTRUCTIONS.
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: 7863067868
Listing Date: 2019-10-07
Status: Closed
Original List Price: 609800
Sold Price: $415,000
Current Price: $415,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33150
Subdivision Number: 21
Multiple Offers Accepted: Yes
Special Assessment YN: No
Country: United States
Street Number: 8125
Street Direction Prefix: NW
Street Name: 6
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33150
Postal Code +4: 2848
Subdivision Name: LITTLE RIVER HIGHLANDS
Area: 2310
Parcel Number: 3031120210410
Zoning: 57/GENER
Directions: GOOGLE OR MAP QUEST PLEASE DO NOT CALL ** AND DO NOT DISTURB TENANTS** INSTRUCTIONS FOR SUBMITTING OFFER/VIEWING ETC. ATTACHED. FOLLOW INSTRUCTIONS ATTACHED.
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2161
Living Area Main: 1952
Lot Size Dimensions: 7900
Parking Total: 6
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2436
Year Built: 1953
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: FHA
Major Change Timestamp: 2019-11-01T13:15:33Z
Major Change Type: Status Change
Price Change Timestamp: 2019-10-09T01:03:31Z
Status Change Date: 2019-11-07
Under Contract Date: 2019-10-18
Close Date: 2019-11-01
Close Price: 415000
Exterior Features
Awning(s): 1
Lighting: 1
Other: 1
Flooring
Ceramic Tile: 1
Tile: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Title Insurance Policy Available: 1
Corporate Owned: 1
Documents Available
Copy Of Lease(s): 1
Existing Survey: 1
Financial Statement: 1
Other Available Information: 1
Rent Rolls: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Separate Meters: 1
Window/Wall: 1
Construction Materials
Block: 1
CBS: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Other: 1
Lot Features
Fruit Tree(s): 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 61000
Total Expenses: 7000
Net Operating Income: 54000
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Ceiling Fan Details
Number Of Ceiling Fans: 9
Showing Requirements
No Sign: 1
Tax Information
City/County: 1
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Porch Details
Porch - Open: 1
Buyer Details
Intended Use: Unknown/Withheld
Buyer State: New York
Zip Code: 10032
Concessions
Seller Concessions: No
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1900
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Laundry Room: 1
Separate Dining: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1375
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 2 Parking Details
Carport YN: Yes
Unit 3 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1105
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
Smoke Detector(s): 1
Window Coverings: 1
Unit 3 Parking Details
Carport YN: Yes
Unit 4 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Other: 1
Unit 4 Details
Actual Rent: 1075
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Security System Leased: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 212.6
Section Details
Parcel Number MLX: 0410
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 3613
Tax Year: 2018
Tax Legal Description: LITTLE RIVER HIGHLANDS PB 9-129LOT 12 BLK 4 LOT SIZE 50.000 X 138 OR 21220-0160 04/2003 5
Originating Details
Originating System Key: 329525686
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Existing Survey; Financial Statement; Other Available Information; Rent Rolls
Exterior Features: Awning(s); Lighting; Other
Fencing: Fenced
Flooring: Ceramic Tile; Tile
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: Block; CBS
Cooling: Ceiling Fan(s); Central Air; Electric; Wall/Window Unit(s)
Heating: Central; Electric; Heat Pump; Separate Meters; Window/Wall
Laundry Features: Outside
Listing Terms: Cash; Conventional; FHA; Other
Lot Features: Fruit Tree(s)
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer; Septic Tank
Special Information: Title Insurance Policy Available; Corporate Owned
Tax Information: City/County; Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: No Sign
Outdoor Living Spaces: Balcony; Porch
Porch Details: Porch - Open
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Laundry Room; Separate Dining
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 3 Appliances: Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 4 Appliances: Microwave; Range; Refrigerator; Other
Unit 4 Other Equipment: Air Conditioning Unit; Security System Leased; Smoke Detector(s); Window Coverings
Unit 4 Parking Features: Parking Space
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Supplements
View attachments: follow offer submission instructionsFOUR Units/ MultiPLEX SUBSTANTIALLY REMODELED. 4 SEP UNITS-INCOME STREAMS; GREAT LONG TERM TENANTS. PLEASE SEND AS IS OFFER BY EMAIL TO LA IN PDF. TEXT WHEN SENT. PROOF OF CASH TO PURCHASE. THIS IS FOR SERIOUS INVESTORS ONLY. DO NOT DISTURB TENANTS. THERE IS NO LOCK BOX INTERIOR WILL BE SHOWN TO THOSE THAT SEND OFFER/ ALONG WITH PROOF OF CASH/ THAT OWNER MAY CONSIDER. OWNERS MAY ENTERTAIN HARD LOAN FINANCING WITH 40% DOWN FOR QUALIFIED PROSPECT(S).
Listing Office: Area Expert Realty, Corp
Last Updated: August - 11 - 2026
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