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151 NW 164 ST North Miami Beach, FL 33169
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $1,307
Subdivision Biscayne Gdns Sec C
MLS Listing ID F10454232
Style Fourplex
Year Built 1967
Annual Tax Amount $17,384
Tax Year 2022
Property Description
This 4-plex is situated right off of the Golden Glades Interchange and is situated on a 12,000 sqft lot. The Golden Glades Corridor is under massive redevelopment and could be a great investment opportunity. This 4-plex is currently producing a 6% cap rate with the ability to increase the rent with a just little bit of value add. Could bring closer to a 7.5% cap rate. Don't miss out on this opportunity. Do Not Disturb Tenants
Location
State FL
County Miami-dade County
Zoning 1 /S FM
Interior
Heating Electric Heat, Window/Wall
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Ceramic Floor, Terrazzo Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Septic Tank
Water Municipal Water
Others
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
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Bought with Tina Hyde Miami Realty LLC
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