$2,100,000
$2,200,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
601 S Flagler Ave Homestead, FL 33030
15,231 SqFt
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,231 sqft
Price per Sqft $137
MLS Listing ID A10980500
Sold Date 07/01/21
Construction Status Resale
HOA Y/N No
Year Built 1988
Annual Tax Amount $16,540
Contingent Pending Inspections
Lot Size 0.556 Acres
Property Sub-Type Multi Family
Property Description
Multifamily building in Homestead,OPPORTUNITY ZONE! 2 story 16 unit building, CAP RATE AT OVER 7%. SEE ATTACHMENTS FOR INCOME AND EXPENSES. over 15,000 sq. ft building on 24,212 sq. ft. corner lot. 13 2 bedrooms /1 bathroom units & 3 converted 3 bedrooms /1 bathroom units. Originally all units were 2/1. New impact windows recently installed, most bathrooms|kitchen have already been updated. Electrical gate w/tenant clickers installed, 12 month to month, 4 section 8 leases. No liens, No violations or Open Permits. Property is in close proximity to the busway, Walmart,plenty of shopping/dinning options. Min. to the Florida Turnpike and the Florida Keys. Student housing, Condo conversion and more. Please do not walk property without prior authorization. Seller is firm on price.
Location
State FL
County Miami-dade County
Area 78
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Roof Type Shingle
Total Parking Spaces 16
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 10-78-13-051-0170
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Beachfront Realty Inc