GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami’s hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
Property Details
Price:
$2,999,999
MLS #:
A11571371
Status:
Active
Beds:
0
Baths:
0
Address:
400 NW South River Dr
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Apr 17, 2024
State:
FL
Finished Sq Ft:
5,320
Total Sq Ft:
5,320
ZIP:
33128
Year Built:
1923
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Taxes
$9,271
Map
Community
- Address400 NW South River Dr Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
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Courtesy of London Foster Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
400 NW South River Dr
Miami, FL
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