$950,000
$1,000,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
125 shore drive Miami Beach, FL 33141
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Normandy Golf Course
MLS Listing ID A10544752
Sold Date 04/12/19
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1947
Annual Tax Amount $9,683
Tax Year 2017
Property Description
Beautifully renovated boutique building with 4 units and a large backyard. All units are 1/1 and are currently rented with yearly lease with security deposits. Building has been fully renovated, units are updated with new kitchen, new baths, split AC units, impact windows and washer/dryer in each unit. Two assigned parking spots per unit. Well maintained building with low operating expenses bring this investement property to a 4.7% net Cap Rate. Great potential groth with option to built an additional 4/5 unis on the property.
Location
State FL
County Miami-dade County
Community Normandy Golf Course
Area 32
Direction Use Google Map
Interior
Heating Heat Pump
Cooling Electric
Flooring Ceramic Tile, Wood
Window Features Blinds,Impact Glass
Exterior
Exterior Feature Balcony, Security/High Impact Doors, Lighting, Room For Pool
Pool None
Utilities Available Cable Available
Roof Type Shingle
Porch Balcony, Open
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Brick,Block
Construction Status New Construction
Others
Tax ID 02-32-03-007-1430
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Read Less
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 Coldwell Banker Realty