$2,400,000
529 NW 88th St El Portal, FL 33150
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$2,400,000
Est. payment /mo
6,667 SqFt
Active Under Contract
529 NW 88th St El Portal, FL 33150
UPDATED:
11/18/2024 06:03 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,667 sqft
Price per Sqft $359
MLS Listing ID A11611001
HOA Y/N No
Year Built 1940
Annual Tax Amount $32,054
Contingent Pending Inspections
Lot Size 0.999 Acres
Property Description
Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.
Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.
Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.
Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.
Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.
Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.
Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.
Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.
Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.
Location
State FL
County Miami-dade
Area 31
Others
Tax ID 30-31-01-002-0300
Listed by The Alpha Commercial Advisors LLC
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