$4,147,500
$4,595,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
3700 NW 58 Ave Virginia Gardens, FL 33166
0.6 Acres Lot
Key Details
Sold Price $4,147,500
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10330278
Sold Date 07/22/22
Construction Status Resale
Year Built 1969
Annual Tax Amount $41,557
Tax Year 2021
Lot Size 0.602 Acres
Property Sub-Type Income/Multi-Family
Property Description
Property is located in Virginia Gardens, a municipality between Miami Springs & Miami International Airport. Great employment in surrounding area. Building consists of 8 first floor two bedroom apartments and 16 2 story one bedroom townhouse style apartments for 2nd & 3rd floors. Current rents dramatically below market rates on month to month basis offer terrific upside potential. One bedrm rents average $1,040/mo with market at $1,350/mo and two bedrm rents average $1,190/mo with market at $1,550/mo. On-site manager would like to continue services for new owner making this purchase transition much more effective. There is no “for sale” sign and owner requests absolutely no on-site visits without appointment. Please drive by only & then submit offers subject to interior access.
Location
State FL
County Miami-dade County
Zoning MFR
Interior
Cooling Central Individual A/C
Flooring Carpeted Floors, Other Floors, Tile Floors
Exterior
Roof Type Other Roof
Building
Story 3.0000
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Ownership Other Ownership
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with NON MEMBER MLS
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