$1,120,000
$1,200,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
8885 NE 8th Ct Miami, FL 33138
2,467 SqFt
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $453
Subdivision Biscayne Heights
MLS Listing ID A11347068
Sold Date 09/01/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $8,285
Tax Year 2022
Contingent No Contingencies
Property Description
Convert to Short Term Rentals and increase your rents! Lots of Upside. Well maintained 4-unit apartment building generating over $84,000 per year in rents in Shorecrest, Miami, FL & may be repurposed for short-term rentals. Near Miami Shores, FL across from two parks & a doggie-run. Site may allow redevelopment of up to four townhomes. Use as covered land play until redeveloped. Existing apartments offer 5 + parking spaces. Great area with large front and rear yards for enjoyment and within walking distance of Biscayne Bay. Additional income from onsite Washer/Dryer. Close to many services such as Publix, Walgreens, CVS, TD Banks all the shopping in Miami Shores & the MIMO District. Centrally located between Aventura and Miami Downtown/Edgewater & the Design District.
Location
State FL
County Miami-dade County
Community Biscayne Heights
Area 32
Direction Please see attachments for P&L, Rents, and other income about the property. Sold AS-IS. Text agent for interior videos and pictures. Don't disturb and don't speak with any tenants.
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-32-07-003-1450
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Beachfront Realty Inc