$1,698,000
Miami Beach, FL 33141
MLS# FX-10435850
4524 sqft
1 / 65
Property Description
Location! Location! Location! Miami Beach 4Plex, All Large 2 Bed 2 Bath Units In One Of Miami's Exclusive Areas, Normandy Isles! Located About A Mile From Miami Sandy Beaches & Surrounded By Beautiful Biscayne Bay. Normandy Isles Also Has Community Parks, Pool + Normandy Shores Golf Course & So Much More. Making This Property Ideal For Possible Air Bnb, Annual Rental Or Owner Occupant. Property Has An Additional Bonus Lot To Possibly Expand The Building, Add a Pool Or For Possible Additional Units. All 4 Units Have Separate Electric Meters. Current Rents Are Below Market. Projected Annual Gross Income is $132,000 +/- (Including Coin Laundry). Estimated Annual Expenses Are $37,482 +/-. Expenses Include Taxes:$14,382 Landscaping: $3,000 Estimated Insurance: $7,500 Water: $6,000 Trash: $6,600
Details
Maps
Contract Information
Listing Date: 2024-04-23
Status: Active
Original List Price: 1698000
List Price: $1,698,000
Current Price: $1,698,000
List Price/SqFt: 375.33
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Quad Plex
Total # of Units: 4
Property Condition: Resale
Year Built: 1947
Number of Stories: 2
SqFt - Living: 4524
Homeowners Assoc: None
Directions: Biscayne Blvd & NE 79 St. Head East On NE 79th St. Continue onto 79th Street Causeway/N Bay Causeway/John F Kennedy Causeway/71st St. Continue straight to stay on 71st St. Turn left onto Rue Granville. Destination will be on the right
Subdivision: Isle Normandy Miami View
Lot Dimensions: 6775
Waterfront: No
Private Pool: No
Spa: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 2320
Country: United States
County: Miami-Dade
Parcel ID: 02-32-10-017-0340
Street #: 7115
Street Name: Rue Granville
State/Province: FL
Zip Code: 33141
Short Sale: No
REO: No
HOPA: No Hopa
Legal Desc: ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 27 BLK 31 LOT SIZE 54.200 X 125 OR 16031-2471 0893 1 COC 26240-4911
Zoning: 3900
Tax Year: 2023
Taxes: 13934
Geo Lat: 25.85253
Geo Lon: -80.139883
Office/Member Info
DXORIGMLNO: F10435850
DXORIGMLSID: FLL
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Monthly Income: 2000
Unit 2 Info
Bedrooms: 2
Full Bath: 2
Monthly Income: 1100
Unit 3 Info
Bedrooms: 2
Full Bath: 2
Monthly Income: 1650
Unit 4 Info
Bedrooms: 2
Full Bath: 2
Monthly Income: 1600
Income & Expenses
Gross Operating Inc: 132000
Annual Total Expense: 37482
Annual Net Oper Inc: 94518
Property Features
Construction: Block; Concrete
Lot Description: < 1/4 Acre
Exterior Features: Fence
Maintenance Fee Incl: Common R.E. Tax; Hot Water; Insurance-Other; Lawn Care; Sewer; Trash Removal; Water
Cooling: Ceiling Fan; Wall-Win A/C
Heating: No Heat
Roof: Barrel
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Window Treatments: Blinds
Special Info: Sold As-Is
Taxes: No Homestead
Avail Info: None
Possession: Funding
Listing Office: Fidelity Real Estate Group LLC
Last Updated: April - 28 - 2024
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Saturday 4th of May 2024 03:20 PM