Miami, FL 33138,7201 NE 5th Ave
Miami, FL 33138,7201 NE 5th Ave
Miami, FL 33138,7201 NE 5th Ave
$710,000
Est. payment /mo
$840,000
15.5%
Est.Price: ?

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1,836 SqFt
SOLD DATE : 05/29/2020

Key Details

Sold Price $710,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,836 sqft

Price per Sqft $386

Subdivision Federal Way Amd/Palm Grove

MLS Listing ID A10809265

Sold Date 05/29/20

Construction Status Resale

HOA Y/N Yes

Year Built 1950

Annual Tax Amount $7,070

Tax Year 2019

Contingent Pending Inspections

Property Description

Fully remodeled desirable corner lot income producing Duplex plus Efficiency at the upcoming Upper East Side or MiMo area. High end Porcelain floors, Stainless steel appliances and quartz counter tops. High impact energy efficient windows. High efficiency appliances and toilets. One block to Biscayne Blvd. Walking distance to restaurants, shoppings, Bay, parks and few minutes driving to the beach. 7 minutes to Miami Design District. 15 minutes to MIA Airport. 15 minutes to Miami Beach. 3 Carport parking spaces plus plenty of free street parking. AAA tenants and Owner unit. NOI: $50,635.87.Cap Rate: 6.03% at asking price. 10-year Proforma Cap Rate: above 8%. Lot 7,540 sqft. Owner/Broker. Own a piece of this fast growing neighborhood!

Location

State FL

County Miami-dade County

Community Federal Way Amd/Palm Grove

Area 32

Interior

Heating Electric

Cooling Electric

Flooring Tile

Window Features Casement Window(s),Impact Glass,Thermal Windows

Exterior

Exterior Feature Fence, Fruit Trees, Security/High Impact Doors, Lighting, Porch, Patio

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Waterfront No

Roof Type Spanish Tile

Porch Open, Patio, Porch

Total Parking Spaces 8

Building

Lot Description Sprinklers Manual, Sprinkler System, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 01-32-07-040-2390

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Listed As-Is

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Listed by United Realty Group Inc
Bought with ACC Realty, Inc.

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Jaky Quelle

+1(305) 724-2585

Broker Associate | License ID: BK3283887

Broker Associate License ID: BK3283887

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