$1,425,000
$1,649,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
4,524 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,524 sqft
Price per Sqft $314
Subdivision Isle Normandy Miami View
MLS Listing ID F10435850
Sold Date 09/06/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 6775
Year Built 1947
Annual Tax Amount $13,934
Tax Year 2023
Property Description
Location! Location! Location! Miami Beach 4Plex, All Large 2 Bed 2 Bath Units In One Of Miami's Exclusive Areas, Normandy Isles! Located About A Mile From Miami Sandy Beaches & Surrounded By Beautiful Biscayne Bay. Normandy Isles Also Has Community Parks, Pool + Normandy Shores Golf Course & So Much More. Making This Property Ideal For Possible Air Bnb, Annual Rental Or Owner Occupant. Property Has An Additional Bonus Lot To Possibly Expand The Building, Add a Pool Or For Possible Additional Units. All 4 Units Have Separate Electric Meters. Current Rents Are Below Market. Projected Annual Gross Income is $132,000 +/- (Including Coin Laundry). Estimated Annual Expenses Are $37,482 +/-. Expenses Include Taxes:$14,382 Landscaping: $3,000 Estimated Insurance: $7,500 Water: $6,000 Trash: $6,600
Location
State FL
County Miami-dade County
Zoning 3900
Interior
Heating No Heat
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Exterior Feature Balconies, Fence
Water Access N
Roof Type Barrel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Compass Florida, LLC.
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