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    1293 NE 109th St

    Miami, FL 33161
    • $944,150
    • STATUS: Pending
    • ON SITE: 65 days
    • MLS #: A10998770
    Pending
    UPDATED: 59 min ago
    $944,150
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,810
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    6% cap as is 7% in 6 months. Incredible opportunity for investors. Can be transformed in AIRBNB. Close to Aventura, Wynwood and downtown Miami. 1 block from Biscayne, Aldi supermarket, new Dunkin Donuts, Citibank and Fontana Shops. Plenty of parking. This is a 7 units being used as a 5 units 2x 2bed/2bath + 3x 1/1. Building being renovated. Most of the work already done.Step in now and keep the upside. Enjoy a 7% cap while you wait for the appreciation. Huge 12,500 sqf corner lot that can be redeveloped to 14 units or used as an AIRBNB for short term rentals and bring a 20% return. Actually: Units 1 and 2 - 2Bed 2Baths rented at $1,650 Each Units 3, 4, 5 - 1Bed/1Baths rented at $1,150 each See Rent roll survey and floor plan in attachments

    Monthly Payment Calculator



    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-19T19:43:54.947.
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    1293 NE 109th St Miami, FL 33161

    • Price: $944,150
    • Status: Pending
    • Updated: 59 min ago
    • MLS #: A10998770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,810
    SQFT
    $336
    $/SQFT
    1946
    Built
    Neighborhood:
    Amd Pl Bay Ridge
    County:
    Miami-Dade
    Area:
    Amd Pl Bay Ridge
    Property Description
    6% cap as is 7% in 6 months. Incredible opportunity for investors. Can be transformed in AIRBNB. Close to Aventura, Wynwood and downtown Miami. 1 block from Biscayne, Aldi supermarket, new Dunkin Donuts, Citibank and Fontana Shops. Plenty of parking. This is a 7 units being used as a 5 units 2x 2bed/2bath + 3x 1/1. Building being renovated. Most of the work already done.Step in now and keep the upside. Enjoy a 7% cap while you wait for the appreciation. Huge 12,500 sqf corner lot that can be redeveloped to 14 units or used as an AIRBNB for short term rentals and bring a 20% return. Actually: Units 1 and 2 - 2Bed 2Baths rented at $1,650 Each Units 3, 4, 5 - 1Bed/1Baths rented at $1,150 each See Rent roll survey and floor plan in attachments
    Exterior Features

    Architectural Style Detached Construction Materials Concrete Block ConstructionStucco Lot Features 1/4 To Less Than 1/2 Acre Lot Parking Total 7 Pool Private YN No Roof Flat Roof With Facade Front View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 2781 Building Area Total 2810 Cooling Wall/Window Unit(S) Flooring Ceramic Floor Heating None Stories Total 1

    Property Features

    Association YN No Building Name Amd Pl Bay Ridge Cooling YN Yes Documents Available Copy Of Lease(S)Rent Rolls Heating YN No Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms CashConventional New Construction YN No Property Condition Substantially Remodeled Property Sub Type Quadruplex Public Survey Section 32 Rent Includes ElectricitySewerTrash CollectionWater Senior Community YN No Sewer Septic Tank Structure Type QuadruplexFourplex Tax Annual Amount 6865 Tax Year 2020 Water Source Municipal Water Year Built Details Resale

    Listing courtesy of Casa Usa Brokers.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-19T19:43:54.947.
     
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