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MAKE AN OFFER. 2 MULTI FAMILY AND RETAIL IN PRIME LOCATION. OVER 22,000 SQ WITH 100% LEASE. INQUIRE FOR RENT ROLLS AND EXPENSES. WELL MAINTAINED.
Price Upon Req.516,425 SF
56,750 Sq. Ft. development site zoned T6-24-O in West Brickell. Site is just 1.5 blocks away from Mary Brickell Village and 2.5 blocks away from City Centre. This is the only parcel of this size on the market. All other similar sized parcels parcel have traded. This property has an FAR of 7 with a 30% bonus as of right and it has an unobstructed view of Brickell as it sits in front of a City Park.
$9,600,000Size Upon Req.
....Development Site Already Zoned....110 apt/condo or 220 Hotel Keys ** BEST LAND BANKING OPPORTUNITY ** WITH 2% Cap rate Every Site In The Area Is Being Developed Land Prices on smaller lots range from $ 400 - $ 423 per sqft. Cuurent NOI = $ 185K From 28 Units Zoned 110 units or 220 hotel keys Best Land Banking Opportunity in Brickell PROOF OF FUNDS AND INVESTOR BIO MUST ACCOMPANY ALL OFFERS. SERIOUS REAL ESTATE PROFESSIONALS ONLY (NO PROPERTY FLIPPERS). DESCRIPTION: 24,000 Sq. Ft. development site zoned T6-24-O in West Brickell. Property is located 1.5 blocks away from Mary Brickell Village and City Centre.. Serious inquiries will be entertained (principals, developers and broker only. T6-24-O zoning allows for a mixed-use development consisting of commercial, office, hotel, multifamily, retail, condo, storage, etc. Development opportunity up to 24+ stories and up to 250,000 Sq. Ft. Presently, the properties generates an NOI of $185,000.
This jewel gated building is covering two streets . Located at the heart of the school district with easy access to transportation, to the highway and the Intercoastal. Renovated large apartments, new kitchen cabinets and new bathrooms, thus generating larger income. Long term tenants. 100% full with waiting list. They are paying the highest rents in the area.
Excellent CAP RATE.!!!!! FOR SALE - $550,000 Multi-Family Apartment Investment 12906 NE 6 Ave. North Miami, FL 33161 5 units Apt. Building + Single Family Home (2br/2ba) ( 3 1br/1ba' s, 2 large studios) plus 2br/2ba single family home. 14 parking spaces, 100% occupancy, wide and big lot 11,700 sq ft. Fully rented. New kitchen cabinets, new hurricane impact windows and doors, new electricity and appliances, paved parking and landscaping. Many other upgrades, redevelopment area. Over $120,000 in renovations Located in the heart of North Miami, near 125th Street and NE 6 Ave. Close to shopping and redevelopment area. Across from Publix and close to CVS, Banks and Shopping' s. Asking Price $550,000 with seller financing available. Call for Package Memorandum.!!! DO NOT Speak or Disturbed Tenants.!!!
Union Street Partners LLC is pleased to have been appointed the exclusive Broker for the sale of The Havana Stars Apartment building located in Miami, Florida. THE PROPERTY: This property consists of 13 units on a 15,000 square foot double lot which extends an entire city block. The first building is a 2 story structure which contains 8 units with off street parking. This was built in 1930 and all of the units are one bedroom one bathroom. The second building is a 5 unit one story building constructed in 1953. This also has off street parking and a laundry facility on site. All of the units are one bedroom one bathroom. The average rents are in the $675 per month range, approximately 10% below market. There are 14 off street parking spaces for tenants and each unit is separately metered for electric. A new owner could create value by improving the overall curb appeal of the property along with a modest rehab of select units. Rents for one bedroom one bath units in Little Havana with off street parking are in the $750 per month range. The building has an excellent occupancy history and is currently 100% occupied
The current CLUC of this property is Triplex operating as four rentals. Three 1 bedroom/1 bath and one 2 bedroom/1 bath. Total monthly income is $3,750. Total Yearly income is $45,000. Location! Location! Location! The property is located two blocks from SW 8th Street and two blocks from SW 27th Ave. The Property has T4-R Miami 21 zoning classification. 929 SW 29 Ave - The property immediately to the west is also for sale
This 12 unit, three-story, 7186 SF multifamily building has been fully renovated including new plumbing, electrical, heating and air conditioning, kitchens, and baths. All units are separately metered. The unit mix of 6 One Bedroom and 6 Two Bedroom (no Studios or Efficiencies) provides a stable tenant base and future upside potential with increased rents. 12% Cap Rate! See attachments for Offering Memorandum and required LOI for showings.
NOTE:PROOF OF FUNDS or MORTGAGE PRE-QUAL REQUIRED PRIOR TO A SHOWING. John Ackermann, CCIM presents 5600 NE 1st Ave, FL 33127. An easy to operate 4-plex in a quiet rental community with tree-lined streets. All units (4) are 1 BR/1 Bath. Two over market rent Sect 8 Plus rents, 2 at market rent. Expense breakdown: Water $1,200 Real Estate Taxes $2,780 (With Nov payment discount) Garbage: $1520 Insurance dwelling $2,963 Liability $1,935 Flood $414 Landscaping $600
Capital Commercial Real Estate Group, Inc. is pleased to present this well maintained 2-story, 14-unit apartment building for $600,000. This asset was built in 1957 and consists of 5,796 leasable square feet situated on a 10,725 square foot lot. Each unit is individually metered for both water and electric. All units are 1 bedroom/1 bath. This offering provides investors an opportunity to own a cash-flowing asset with a going-in 8.60% cap rate & potential 19% total leveraged return.This property's low vacancy rate, coupled with strong rental growth, has estimated 18% IRR on a five year hold scenario. Recent capital improvements include new roof (that is still under warranty) and a newly painted exterior.