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Karina Marx

karina.marx@engelvoelkers.com +1(786) 999-4504

$ 3,100,000

Est. payment -/mo

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11520 NE 6th Ave Biscayne Park, FL 33161

6,700 SqFt

UPDATED:

09/30/2024 07:57 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,700 sqft

Price per Sqft $462

MLS Listing ID A11527972

HOA Y/N No

Year Built 1939

Annual Tax Amount $36,471

Tax Year 2023

Lot Size 0.339 Acres

Property Description

This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

Location

State FL

County Miami-dade

Area 22

Direction Please use GPS

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Exterior

Waterfront No

Parking Type Common, Free Parking, Guest

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Others

Tax ID 17-22-30-031-0990

Ownership Corporation

Security Features Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing

Listed by Victoria Blintser Real Estate Group LLC

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

Karina Marx

11520 NE 6th Ave Biscayne Park, FL 33161

Key Details

Location

Interior

Exterior

Building

Others

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11520 NE 6th Ave