$1,725,000
$1,860,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
76 SW 8th Ave Florida City, FL 33034
6,278 SqFt
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,278 sqft
Price per Sqft $274
MLS Listing ID A11578450
Sold Date 07/12/24
HOA Y/N No
Year Built 1988
Annual Tax Amount $17,873
Lot Size 0.475 Acres
Property Description
Listed for sale are 8 multifamily units located at 76 SW 8th Avenue in Florida City The property consists of 6,278 net rentable SF divided into three buildings, sitting atop a 20,700 SF lot. The 2 residential buildings each have four, 2-bedroom/1-bathroom units with each being about 680 SF. There is an additional separate structure of 838 SF that can be used as a warehouse or a garage for income-producing purposes. An additional two multifamily units have been site-plan approved for the property, which would bring the total number of units to 10. The additional units would be able to be constructed at reduced costs by only being 1 story and utilizing the existing structure of the garage as 1 of the 2 additional units. The property's metal roofs were installed less than 4 years ago.
Location
State FL
County Miami-dade County
Area 78
Exterior
Roof Type Metal
Others
Tax ID 16-78-25-005-0030
Financing Seller Financing
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Bought with MSP Group, LLC