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529 NW 88th St El Portal, FL 33150
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Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,667 sqft
Price per Sqft $337
MLS Listing ID A11611001
Sold Date 12/12/24
HOA Y/N No
Year Built 1940
Annual Tax Amount $32,054
Contingent Other
Lot Size 0.999 Acres
Property Sub-Type Multi Family
Property Description
Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.
Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.
Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.
Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.
Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 30-31-01-002-0300
Financing Cash
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Bought with The Alpha Commercial Advisors LLC