North Miami Beach, FL 33162,16041-16031 NE 18th Pl
North Miami Beach, FL 33162,16041-16031 NE 18th Pl
North Miami Beach, FL 33162,16041-16031 NE 18th Pl
30
$1,250,000
$1,299,700
3.8%
Est.Price: ?

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5,676 SqFt

16041-16031 NE 18th Pl North Miami Beach, FL 33162

Est. payment /mo
SOLD DATE : 09/14/2021

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Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,676 sqft

Price per Sqft $220

Subdivision Fulford Heights

MLS Listing ID A10997096

Sold Date 09/14/21

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $7,700

Tax Year 2020

Contingent Pending Inspections

Property Description

Very well located, high performance 8 unit multifamily, close to major roads such as 95, 826, 163, Biscayne, Collins, shopping plazas, Aventura Mall providing a large pool of workforce that keeps the vacancy very low. New Roofs on both buildings, 6 out of 8 units are remodeled. Take advantage of the low market interest rates, great cash on cash deal! Buildings Net Rent Income is $85,378 YTD, Yields 7% if paid in cash. Do not disturbed the tenants (Financials Attached) YTD Taxes $16,000 Insurance $9,300 Water $5,950 Electricity $1,440 Grass $720

Location

State FL

County Miami-dade County

Community Fulford Heights

Area 22

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Other

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 9

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 07-22-16-016-1080

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

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Listed by Home Wiz USA
Bought with EFA Realty

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Dalziel Rodriguez

Real Estate Specialist® | License ID: 3612901

+1(786) 602-9773

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