REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,500,000
Est. payment /mo
6,966 SqFt
UPDATED:
09/30/2024 09:24 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,966 sqft
Price per Sqft $645
MLS Listing ID A11633692
HOA Y/N No
Year Built 1964
Annual Tax Amount $40,019
Lot Size 0.258 Acres
Property Description
Meticulously maintained 6-unit building. This investment property offers 4 spacious 2-bed/2-bath units and 2 charming 1-bed/1-bath units. Recent upgrades, including a complete overhaul of the electrical system and city-standard plumbing connections. Pool area features new marcite, pipes, pump, vacuum, alert system, drain, and ladder. Each unit has large eat-in kitchens and exterior concrete storage. Ten off-street parking spaces. Currently leased month-to-month, this property offers immediate rental income potential. Set on an 11,250 SF lot,a luxury developer's dream. Zoning permits 15 residential units or 66 lodging units over 39,000 SF. 9-Transferable Development Rights (TDRs) are included, Bay Harbor Islands’ zoning allows short-term leasing, boosting income potential.
Location
State FL
County Miami-dade
Area 22
Interior
Cooling Central Air
Flooring Vinyl
Exterior
Waterfront No
Total Parking Spaces 10
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 13-22-27-001-1290
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Listed by Eleventrust LLC