For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,292 sqft
Price per Sqft $218
Subdivision Altos Del Mar No 3
MLS Listing ID A2046280
Sold Date 04/30/15
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1944
Annual Tax Amount $9,647
Tax Year 2014
Property Description
WONDERFUL WELL MAINTENED BUILDING, JUST 3 BLOKS AWAY FROM THE BEACH, QUIET AND CLEAN NEIGHBORHOOD, 4 APTS 2/2, YEARLY GROSS INCOME $80000, PERFECT FOR INVESTMENT IN THE HEART OF MIAMI BEACH, ALL TENANTS ARE MONTH TO MONTH OR 6 MONTHS RENT. MORE THAN 5% NET YIELD ON THE INVESTMENT, CAN EASILY BE INCREASED TO 7% WITH SMALL REPAIRS.
Location
State FL
County Miami-dade County
Community Altos Del Mar No 3
Area 32
Interior
Heating None
Cooling Electric
Flooring Parquet, Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status New Construction
Others
Tax ID 02-32-02-007-0810
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with South Beach Estates, LLC
Learn More About LPT Realty