561$929,000
2365 NW 50th StreetMiami, FL 33142
MLS# FX-10430729
Status: Active Under Contract
2940 sqft
1 / 25
Property Description
Cash flowing- fully rented Fourplex plus additional detached efficiency (5 total units) sitting on a HALF ACRE! Zoned for up to 9 units so plenty of room for expansion on this 21k sqft Lot. Located in an Opportunity Zone (great tax benefits for investors) All units are month to month with room for growth. 4 separate meters & plenty parking spaces. Owner currently pays for water and landscaping. Located in Miami-Dade County making the permitting and redevelopment easier, vs working through City of Miami. The county is encouraging increased density through specialized programs like workforce housing. Amazing location for renting & right off the highway. Within minutes of Miami International Airport, Downtown Miami, Wynwood, Brickell, Stadiums, major highways & more!
Details
Maps
Contract Information
Listing Date: 2024-04-01
Status: Active Under Contract
Original List Price: 929000
List Price: $929,000
Current Price: $929,000
List Price/SqFt: 315.99
Comm/Non-Rep: 1%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Quad Plex
Total # of Units: 5
Property Condition: Resale
Year Built: 1951
Number of Stories: 1
SqFt - Living: 2940
Homeowners Assoc: None
Directions: GPS
Subdivision: CAMERONS LITTLE FARM
Lot Dimensions: 21,453
Waterfront: No
Private Pool: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 2310
Country: United States
County: Miami-Dade
Parcel ID: 30-31-22-020-0160
Street #: 2365
Street Dir: NW
Street Name: 50th
Street Suffix: Street
State/Province: FL
Zip Code: 33142
Short Sale: No
REO: No
HOPA: No Hopa
Legal Desc: CAMERONS LITTLE FARMS PB 35-54 S1/2 OF LOT 7 LOT SIZE 133.250 X 161 OR 18411-0295 1298 1
Zoning: 5700
Tax Year: 2023
Taxes: 7727
Geo Lat: 25.820581
Geo Lon: -80.236007
Office/Member Info
DXORIGMLNO: F10430729
DXORIGMLSID: FLL
Status Change Info
Under Contract Type: Active Under Contract
Under Contract Date: 2024-04-20
Unit 1 Info
Bedrooms: 1
Full Bath: 1
SqFt: 735
Monthly Income: 1600
Unit 2 Info
Bedrooms: 1
Full Bath: 1
SqFt: 735
Monthly Income: 1600
Unit 3 Info
Bedrooms: 1
Full Bath: 1
SqFt: 735
Monthly Income: 1425
Unit 4 Info
Bedrooms: 1
Full Bath: 1
SqFt: 735
Monthly Income: 1110
Income & Expenses
Gross Operating Inc: 76620
Property Features
Construction: Block; Concrete
Lot Description: 1/2 to < 1 Acre
Maintenance Fee Incl: Common R.E. Tax; Insurance-Other; Lawn Care; Sewer; Trash Removal; Water
Flooring: Ceramic Tile
Cooling: Wall-Win A/C
Heating: Window/Wall
Roof: Flat Tile
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer
Avail Info: Accounting; Deposit; Investment Analysis; Leases
Possession: Negotiable
Listing Office: RE/MAX Consultants Realty 1
Last Updated: April - 29 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Thursday 16th of May 2024 11:57 AM
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