400 NW South River Dr
400, South River Dr, Miami, FL, 33128Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 3720, 3720 sq ft
- Year built: 1923
- County: Miami-Dade
- MLS ID: A11571371
Description
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Description:
38 54 41 RIVERVIEW PB 5-43 E115.4FT OF S40FT LOT 11 BLK B LOT SIZE 3720 SQUARE FEET OR 21238-0080 04 2003 5 GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
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Building Details
- Structure Type: MultiFamily
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $9,271
Miscellaneous
- List Office Name: London Foster Realty
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 400, South River Dr, Miami, FL, 33128 was built in 1923, and is listed at $2,999,999.