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    1293 NE 109th St

    Miami, FL 33161
    • $944,150
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: A10998883
    UPDATED: 68 min ago
    $944,150
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1946
    County:

    School Ratings & Info

    Description

    6% cap as is 7% in 6 months. Incredible opportunity for investors. Can be transformed in AIRBNB or REDEVELOPED (14 units) Close to Aventura, Wynwood and downtown Miami. 1 block from Biscayne, Aldi supermarket, new Dunkin Donuts, Citibank and Fontana Shops. Plenty of parking. This is a 7 units being used as a 5 units 2x 2bed/2bath + 3x 1/1. Building being renovated. Most of the work already done.Step in now and keep the upside. Enjoy a 7% cap while you wait for the appreciation. Huge 12,500 sqf corner lot that can be redeveloped to 14 units or used as an AIRBNB for short term rentals and bring a 20% return. Actually: Units 1 and 2 - 2Bed 2Baths rented at $1,650 Each Units 3, 4, 5 - 1Bed/1Baths rented at $1,150 each See Rent roll survey and floor plan in attachments

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    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-02-24T17:07:03.807.
    www.buyhotfloridahomes.com/homes/114222908
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    1293 NE 109th St Miami, FL 33161

    • Price: $944,150
    • Status: Active
    • Updated: 68 min ago
    • MLS #: A10998883
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1946
    Built
    County:
    Miami-Dade
    Property Description
    6% cap as is 7% in 6 months. Incredible opportunity for investors. Can be transformed in AIRBNB or REDEVELOPED (14 units) Close to Aventura, Wynwood and downtown Miami. 1 block from Biscayne, Aldi supermarket, new Dunkin Donuts, Citibank and Fontana Shops. Plenty of parking. This is a 7 units being used as a 5 units 2x 2bed/2bath + 3x 1/1. Building being renovated. Most of the work already done.Step in now and keep the upside. Enjoy a 7% cap while you wait for the appreciation. Huge 12,500 sqf corner lot that can be redeveloped to 14 units or used as an AIRBNB for short term rentals and bring a 20% return. Actually: Units 1 and 2 - 2Bed 2Baths rented at $1,650 Each Units 3, 4, 5 - 1Bed/1Baths rented at $1,150 each See Rent roll survey and floor plan in attachments
    Exterior Features

    Pool Private YN No View YN No Waterfront YN No

    Interior Features

    Building Area Total 2810

    Property Features

    Association YN No Business Type Residential-Multi-Family Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashConventional/RefinanceCryptocurrencyExchange New Construction YN No Public Survey Section 32 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 6865 Tax Year 2020

    Listing courtesy of Casa Usa Brokers.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-02-24T17:07:03.807.
     
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