$3,850,000
$4,150,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
5979 NW 37th St Virginia Gardens, FL 33166
5,508 SqFt
Key Details
Sold Price $3,850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,508 sqft
Price per Sqft $698
Subdivision Sub Of Track A Of Sunset
MLS Listing ID A11463374
Sold Date 05/22/24
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1965
Annual Tax Amount $25,228
Tax Year 2022
Property Description
12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390’ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100’ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos
Location
State FL
County Miami-dade County
Community Sub Of Track A Of Sunset
Area 30
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Other
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Barrel
Total Parking Spaces 12
Building
Lot Description 1-2 Acres
Story 3
Sewer Public Sewer
Architectural Style Fourplex
Structure Type Block
Construction Status Resale
Others
Tax ID 26-30-25-011-0060
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Financing Cash
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Bought with Lokation