Home » Miami » 5150 NW 2nd Ter, Miami, Florida 33126 | A11321245

Triplex Sold 5150 NW 2nd Ter, Miami, Florida 33126

$799,000
closed for a price of $775,000

Property Highlights

Listing ID A11321245 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Living Space 2,075 Sqft/192.77 m2 approx. Building Area 2,107 Sqft/195.75 m2 approx. Year Built 1949 Time of this property from published date until Closing Date 208 Days

5150 NW 2nd Ter, Miami, Florida 33126

Property Description: Elegantly renovated, fully-occupied 3 unit cash cow property. The original 3/2 single family house has been divided into two separate units, a 2/1 and a large 1/1, and there is a detached 1 bedroom apartment. All 3 units have full kitchens with washer/dryer combo in unit. Too many upgrades to name including: impact windows throughout, updated plumbing and electrical, designer quality finishes in bathrooms and kitchens, new fence, sprinklers, tankless water heaters, etc. Great quality tenants are in place, but there 's room to push rents higher ($2000-2200 a unit) in a Flagami neighborhood that is on the rise.

Useful Info

Contingency:No Contingencies
Original List Price:$799,000
Close Price:$775,000

Lease Details

Rent Includes:
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$10,646

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021

Terms

Documents Available:
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:FLAGLER GROVE ESTATES EXT
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUSA
Buy StateFlorida
Flood ZoneX
Type of AssociationNone
Style Triplex
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number18

Zoning and Legal

Tax Legal Description:FLAGLER GROVE ESTATES EXTEN PB 8-98 LOT 193 LOT SIZE 50.000 X 139 OR 21371-3217 12/2000 4 COC 21371-3217 12 2000 6
Real Estate Folio Number (Parcel Number):01-41-06-018-1630
Zoning Description:5700
Public Survey Township:1
Public Survey Range:41
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:January 5, 2023 9:16 am
On Market Date:January 5, 2023
Close Date:August 1, 2023
Price Change Date Time:January 2, 2023 12:41 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 1, 2023 2:06 pm
Status Last Changed:August 1, 2023 2:06 pm
Photos Last Modified:January 5, 2023 3:08 pm
Last Modified:August 1, 2023 6:06 pm
Days on the Market (updated on Last Modified*):194
Cumulative Days on the Market (updated on Last Modified**):194

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:33
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:41
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12086-N-0141060181630-R-N

Location

Show Property Address:Yes
Street Name:2nd Ter
Street Number:5150
Street Direction Prefix:NW
Street Address:5150 NW 2nd Ter
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:5150 NW 2nd Ter, Miami, Florida 33126
Latitude:N25° 46' 26.7''
Longitude:W81° 43' 15.9''

Neighborhood

Postal City:Miami

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