$1,850,000
$550,000
236.4%For more information regarding the value of a property, please contact us for a free consultation.
954 NW 14th St Florida City, FL 33034
2,496 SqFt
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $741
Subdivision Howard Park
MLS Listing ID A11108937
Sold Date 11/19/21
Construction Status Effective Year Built
HOA Y/N Yes
Year Built 1995
Annual Tax Amount $2,852
Tax Year 2021
Property Description
Rare opportunity to acquire a large multifamily portfolio in South Florida or just purchase each folio individually. At $275k a door, if bought as a package deal along with MLS #s A11108938, A11107761, A11107183. This portfolio consists of 8 total units generating over $116k per year in net income. (8) 3 bedroom, 2 bathroom units (mostly rented below market rent). Tenants pay their own electricity and water. The 8 units in Florida City were Built in 1995 with brand new roofs added in 2019!! All units are CBS and in turnkey condition including newly updated bathrooms. Each unit comes with 2 car driveway, side and back yard space. 100% occupancy with good long term tenants, 6 out of 8 units are rented out under section 8. Market rents now in the area are up to almost $2,000 for 3 bedrooms.
Location
State FL
County Miami-dade County
Community Howard Park
Area 81
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description <1 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 16-78-24-001-0160
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Elite Ocean View Realty LLC