Commercial Real Estate

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305.6000958
CommercialSaleMultifamilyFLMiami400, South River Dr, Miami, FL, 33128

400 NW South River Dr

400, South River Dr, Miami, FL, 33128
    $2,999,999
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    Basics

    Description

    • 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

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    This -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.

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