Miami, FL 33161,1477 NE 116th St
Miami, FL 33161,1477 NE 116th St
Miami, FL 33161,1477 NE 116th St
$759,999
Est. payment /mo
$740,000
2.7%
Est.Price: ?

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2,903 SqFt
SOLD DATE : 08/14/2023

Key Details

Sold Price $759,999

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $261

Subdivision Biscayne Shores Unit 4

MLS Listing ID A11412112

Sold Date 08/14/23

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $7,231

Tax Year 2022

Contingent No Contingencies

Property Description

The building is currently 100% occupied on a month to month basis. Great opportunity for an investor to rehab and use as a Airbnb or maximize rental. The property is located within 15 minutes to public beaches. There is a new park located across the street from the property. Lots of potential. Property has recent updates including a new roof, interior doors and some updated kitchens, see interior photos. Property could qualify for Conventional, FHA or VA.
Property is tenant occupied. OK to drive by but please don't bother tenants. I took good interior photographs and a sketch of the units is attached. Only showing to serious inquiries. Price is firm. Property is being sold As Is. No appraisal contingency. Property is in a Flood Zone and requires insurance.

Location

State FL

County Miami-dade County

Community Biscayne Shores Unit 4

Area 22

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Vinyl, Wood

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Septic Tank

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 30-22-32-014-0480

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Conventional

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Listed by Chris Carpenter, R.E Broker
Bought with Coldwell Banker 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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