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1245-55 NE 110th St

Miami, FL 33161
  • $2,300,000
  • STATUS: Active
  • ON SITE: 212 Days
  • MLS #: A11344866
UPDATED: 51 min ago
$2,300,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.

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Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-09-24T16:50:59.71.
www.rivasvargasgroup.com/homes/137189816
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1245-55 NE 110th St Miami, FL 33161

  • Price: $2,300,000
  • Status: Active
  • On Site: 212 Days
  • Updated: 51 min ago
  • MLS #: A11344866
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1950
Built
County:
Miami-Dade
Property Description
Introducing a fantastic investment opportunity, a multifamily listing with 12 units for sale in the heart of Miami. This property is ideal for investors looking to expand their portfolio or enter the lucrative Miami real estate market. Although the property requires some TLC, it offers an excellent location that is hard to beat. Situated in a prime spot, just 1 block to Biscayne Blvd. This multifamily is surrounded by several nationally and locally renowned retailers and eateries within a five-mile radius. Investors will appreciate the potential for significant returns on investment in this desirable location. With some renovations, the property can be transformed into a profitable income-generating asset. One area that requires attention is the roof, which needs to be replaced.
Exterior Features

Inclusions Building & Land Lot Features City LocationIn Residential Area Parking Features CommonFree ParkingShared Parking Parking Total 16 Pool Private YN No Road Frontage Type City Street Roof Various Material(S) Roof View YN No Waterfront YN No

Interior Features

Building Area Total 5000 Building Features Outside Storage Cooling Central Individual A/C Flooring Ceramic Floor Heating Central Individual A/C Heating YN Yes Stories 1

Property Features

Association YN No Business Type Residential-Multi-Family Cooling YN Yes Documents Available Aerial Photo(S)Copy Of Lease(S)PhotosRent Rolls Electric 110 Volts Power Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term Month To Month Listing Terms All CashConventional/Refinance New Construction YN No Ownership Corporation Property Sub Type Income/MultiFamily Public Survey Section 32 Sewer Septic Tank Special Listing Conditions Sale Tax Annual Amount 12938 Tax Year 2022 Tenant Pays Electricity Water Source Public Year Built Details Resale Zoning 3700

Listing courtesy of The Keyes Company: .


Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-09-24T16:50:59.71.
 
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Rivas Vargas Group | Lifestyle International Realty
6343 SW 40th St.
Miami FL, 33155