The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water… Read More heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect. Read Less
Courtesy of Beachfront Realty Inc 305-534-4242
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Square Ft.
1,980
Year Built
1936
MLS Number
A12111480
Additional Details
Building
Built in 1936, Living area: 1980.0, 1 storey, Construction Materials: Frame, Stucco
Community
4 units in community
Cooling
Electric
Floors
Vinyl
Heating
Separate Meters, Electric
Income
Gross Income: $78,600, Net Operating Income: $67,241
Property
Resale
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131140230341, Annual Amount: $9,299, Legal Description: 14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1, Year: 2025, Zoning: 5700
Utilities
Cable Available, Water Source: Public
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