$375,000
MLS# A10470331
Status: Closed
2970 sqft
1 / 3
Property Description
Four-plex in the Heart of Little River. Property was built in 1964 and consists of 2 (2 Bed/2Bath) & 2 (1 Bed/1 Bath) units. Rare opportunity because it offers larger than average unit sizes. Perfect for an investor looking to create value by renovating and increasing rents, which are currently below market. Currently producing over a 6% return, with potential to make over 10% once stabilized. Call & inquire today!
Details
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2018-04-26
Status: Closed
Original List Price: 450000
Sold Price: $375,000
Current Price: $375,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33138
Subdivision Number: 57
Flood Zone: X
State Or Province: FL
Postal Code: 33138
Postal Code +4: 5463
Subdivision Name: DUPONT ADDN
Zoning: 6101
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 2970
Living Area Main: 2970
Parking Total: 4
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2970
Year Built: 1964
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-10-19T10:15:12Z
Major Change Type: Status Change
Price Change Timestamp: 2018-06-01T15:03:17Z
Status Change Date: 2018-10-24
Under Contract Date: 2018-09-10
Close Date: 2018-10-19
Close Price: 375000
Flooring
Other: 1
Property Condition
Resale: 1
Documents Available
Investment Analysis: 1
Rent Rolls: 1
Fencing
Fenced: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Other: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 38400
Total Expenses: 7500
Net Operating Income: 30898
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33140
Concessions
Seller Concessions: No
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 900
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 750
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
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 700
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
SqFt: 700
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 126.26
Section Details
Parcel Number MLX: 0070
Financial Information
Tax Annual Amount: 5663
Tax Year: 2017
Tax Legal Description: DUPONT ADDN PB 13-56 LOT 4 BLK 2 LOT SIZE 54.000 X 107 OR 19408-1412 11 2000 3
Originating Details
Originating System Key: 288751322
Originating System ID: M00000151
Property Features
Documents Available: Investment Analysis; Rent Rolls
Fencing: Fenced
Flooring: Other
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Other
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Contingencies: Inspection
150 NE 71 St. OM - FINAL V2 
Listing Office: Eleventrust LLC
Last Updated: August - 11 - 2026
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