florida commercial investments for sale
Miami Commercial and Residential income Properties
Call us today:
+1-786-972-2037
+1-786-597-2331
For More Information: English and Español
Melissa Gonzalez Consuelo Campos
CASA MIAMI REALTY
3440 HOLLYWOOD BLVD ST415
HOLLYWOOD FL33021

East Shorecrest Miami multifamily for sale 0 East Shorecrest Miami multifamily for sale 1 East Shorecrest Miami multifamily for sale 2 East Shorecrest Miami multifamily for sale 3 East Shorecrest Miami multifamily for sale 4 East Shorecrest Miami multifamily for sale 5 East Shorecrest Miami multifamily for sale 6
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Code: 5531A17
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East Shorecrest Miami multifamily for sale
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City: Miami
Retail Type:
Price: $ 1,500,000
Cap. Rate:
Tenancy:
Retail Sq.Ft.: 0
Lot. Area Sq. Ft.: 12516
Parking: 9 Assigned Parking
Year: 1956
         
         
         
         
         
         
         
  Updated, well-maintained 8-unit property on large 12,516 SF lot in east Shorecrest - 2 2/1 units, 4 1/1 units, 2 studios; east of Biscayne Blvd, half a block to Bay, walk to restaurants, shops, & transit on the revitalized 79th St. Solid income, solid return - $121,500 GOI, $96,088 NOI, 6.4% cap rate at full list price. Upside in rents, T-5-R zoning allows building up to 5 stories - invest now for a solid return, land bank for future development. Safe, convenient location & tenant-friendly property (9 parking spaces, outdoor spaces for tenants, on-site laundry) commands high rents, attracts quality tenants, & keeps the property 100% occupied. Upcoming Tri-Rail train station on NE 79th Street will bring hundreds of millions of dollars of development to the area in the next few years.  
         
         
Data provided is deemed reliable but not guaranteed. Casa Miami Realty is not responsable for the accuracy of the information listed above. The date relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchising.

 

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Contact us today +1-786-972-2037
or Message us on WhatsApp +1-786-597-2331

For More Information: English and Español
Melissa Gonzalez Consuelo Campos
CASA MIAMI REALTY
3440 HOLLYWOOD BLVD ST415
HOLLYWOOD FL33021

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