Miami, FL 33128,400 NW South River Dr
Miami, FL 33128,400 NW South River Dr
Miami, FL 33128,400 NW South River Dr
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$2,999,999
Est. payment /mo
5,320 SqFt

UPDATED:

09/30/2024 09:16 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,320 sqft

Price per Sqft $563

MLS Listing ID A11571371

HOA Y/N No

Year Built 1923

Annual Tax Amount $9,271

Lot Size 3,720 Sqft

Property Description

GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.

Location

State FL

County Miami-dade

Area 41

Others

Tax ID 01-41-38-003-0100


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Listed by London Foster Realty

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Jaky Quelle

+1(305) 724-2585

Broker Associate | License ID: BK3283887

Broker Associate License ID: BK3283887

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400 NW South River Dr