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Key Details
Sold Price $330,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,118 sqft
Price per Sqft $295
Subdivision Floral Pk
MLS Listing ID A11490888
Sold Date 05/08/24
Style One Story,Duplex
Bedrooms 2
Full Baths 1
Construction Status Effective Year Built
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,004
Tax Year 2022
Lot Size 5,250 Sqft
Property Description
Single family home, zoned for duplex although currently being used and generating extra income as a duplex. 1,168sf building on 5,250sf lot. Current NOI of $17k, raisable to Proforma NOI of $20k, and over a 5% cap at asking price. Brownsville represents one of the city next frontiers, as gentrification at the center pushes more and more of Miami’s solid working classes homeowners and renters to this area. Priced very reasonable to sell. The perfect first time investment.
Location
State FL
County Miami-dade County
Community Floral Pk
Area 31
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air
Flooring Concrete
Appliance Other
Exterior
Exterior Feature Fence, Porch
Garage Spaces 4.0
Pool None
View Y/N No
View None
Roof Type Flat,Tile
Street Surface Paved
Porch Open, Porch
Garage Yes
Building
Lot Description < 1/4 Acre
Faces East
Story 1
Sewer Public Sewer
Water Public
Architectural Style One Story, Duplex
Additional Building Apartment
Structure Type Block
Construction Status Effective Year Built
Others
Senior Community No
Tax ID 30-31-22-052-5120
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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