Miami Beach, FL 33141,125 shore drive

$950,000

$1,000,000

5.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/12/2019

Key Details

Sold Price $950,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Normandy Golf Course

MLS Listing ID A10544752

Sold Date 04/12/19

Style Fourplex

Construction Status New Construction

HOA Y/N No

Year Built 1947

Annual Tax Amount $9,683

Tax Year 2017

Property Description

Beautifully renovated boutique building with 4 units and a large backyard. All units are 1/1 and are currently rented with yearly lease with security deposits. Building has been fully renovated, units are updated with new kitchen, new baths, split AC units, impact windows and washer/dryer in each unit. Two assigned parking spots per unit. Well maintained building with low operating expenses bring this investement property to a 4.7% net Cap Rate. Great potential groth with option to built an additional 4/5 unis on the property.

Location

State FL

County Miami-dade County

Community Normandy Golf Course

Area 32

Direction Use Google Map

Interior

Heating Heat Pump

Cooling Electric

Flooring Ceramic Tile, Wood

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Balcony, Security/High Impact Doors, Lighting, Room For Pool

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Porch Balcony, Open

Total Parking Spaces 8

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Brick,Block

Construction Status New Construction

Others

Tax ID 02-32-03-007-1430

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by New Wave Realty, LLC.
Bought with Coldwell Banker Realty
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