FL > Miami > Little River Gardens Amd
Miami, FL 33138,8262 NE 1st Ave
Miami, FL 33138,8262 NE 1st Ave
Miami, FL 33138,8262 NE 1st Ave
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$2,900,000
Est. payment /mo
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8,898 SqFt
New

8262 NE 1st Ave Miami, FL 33138

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Marlon Persaud

Marlon Persaud

+1(407) 216-1481

UPDATED:

11/14/2024 09:00 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,898 sqft

Price per Sqft $325

Subdivision Little River Gardens Amd

MLS Listing ID A11693310

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1969

Annual Tax Amount $28,732

Tax Year 2023

Property Description

Prime investment opportunity! Situated in a vibrant and rapidly developing neighborhood, this 3-story, 12-unit building features a total of 21 bedrooms and 12 bathrooms, offering a mix of spacious living spaces. The property is fully rented, ensuring consistent income and an attractive cap rate (available upon request). Each unit is equipped with central AC, and a common laundry area on-site. The building has a newer roof. This up-and-coming area is experiencing significant growth, with new developments, trendy restaurants, and boutique shops popping up nearby. The area’s continued revitalization promises increasing property values and rental demand, making this an ideal time to invest in a property that’s positioned for long-term appreciation.

Location

State FL

County Miami-dade

Community Little River Gardens Amd

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Concrete

Total Parking Spaces 17

Building

Lot Description < 1/4 Acre

Story 3

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Block

Construction Status Resale

Others

Tax ID 01-31-12-012-0530

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Nexus International Realty

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Marlon Persaud

Agent | License ID: SL3362985

+1(407) 216-1481

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8262 NE 1st Ave