Miami, FL 33127,5300 N Miami Ave

$400,000

$440,000

9.1%
Est.Price: ?

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Est. payment /mo

1,742 SqFt


SOLD DATE : 11/13/2020

Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,742 sqft

Price per Sqft $229

Subdivision Railway Shops Addn 2Nd Am

MLS Listing ID A10930785

Sold Date 11/13/20

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $4,838

Tax Year 2019

Property Description

Excellent Investment opportunity! Spacious corner Duplex zoned T4-R located in Upper Buena Vista, walking distance to Miami Jewish Health and the Design District. Each unit has 2bd/2ba with tile floors and central a/c on a generous-sized lot. Very low maintenance property with two electric meters and two water meters...Tenants pay their own utilities. Centrally located in high-demand rental area, occupied by Section8 tenants. Rents are below fair market value. 7.5%+ Cap potential. Buy now and begin collecting secure rents immediately.

Location

State FL

County Miami-dade County

Community Railway Shops Addn 2Nd Am

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Tile

Window Features Blinds

Exterior

Exterior Feature Fence, Porch

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Open, Porch

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

Construction Status Resale

Others

Tax ID 01-31-24-013-0381

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Coldwell Banker Realty
Bought with Beachfront Realty Inc
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