Home » Miami » 116-118 NW 45th Ave, Miami, Florida 33126 | A11357385

Duplex Sold 116-118 NW 45th Ave, Miami, Florida 33126

$755,000
closed for a price of $755,000

Property Highlights

Listing ID A11357385 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,380 Sqft/221.11 m2 approx. Building Area 2,495 Sqft/231.79 m2 approx. Year Built 1985 Time of this property from published date until Closing Date 23 Days

116-118 NW 45th Ave, Miami, Florida 33126

Property Description: Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today 's market $5,600 month 9% Cap Rate. Tenants are month to month.

Useful Info

Contingency:No Contingencies
Original List Price:$755,000
Close Price:$755,000

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection

Land Lot (Parcel) Details

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

Construction

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

Property Features

Waterfront:No
Roof:
  • Barrel
Window Features:
  • Blinds
  • Sliding
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$9,815

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:2022

Terms

Documents Available:
  • Rent Rolls
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:HENRY FORD SUB NO 1
Senior Community:No
Development Name:HENRY FORD SUB

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Homestead Tax
Buyer Country of ResidenceUnknown/Withheld
Flood ZoneX OkToAdvertiseList = No
Type of AssociationNone
Style Duplex
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number16

Zoning and Legal

Tax Legal Description:HENRY FORD SUB NO 1 PB 9-91 LOTS 3 AND 4 BLK 6 LOT SIZE 53.160 X 140 OR 19951-3273 09/2001 4 COC 25919-1667 08 2007 5
Real Estate Folio Number (Parcel Number):01-41-05-016-0780
Zoning Description:5700
Public Survey Township:1
Public Survey Range:41
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:March 15, 2023 12:00 am
On Market Date:March 15, 2023
Close Date:April 7, 2023
Price Change Date Time:March 15, 2023 12:26 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 11, 2023 2:50 pm
Status Last Changed:April 11, 2023 2:50 pm
Photos Last Modified:March 15, 2023 8:16 pm
Last Modified:April 11, 2023 6:51 pm
Days on the Market (updated on Last Modified*):5
Cumulative Days on the Market (updated on Last Modified**):187

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:36
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:41
Courtesy of:Brown Harris Stevens
Universal Property Id:US-12025-N-0141050160780-R-N

Location

Show Property Address:Yes
Street Name:45th Ave
Street Number:116-118
Street Direction Prefix:NW
Street Address:116-118 NW 45th Ave
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:116-118 NW 45th Ave, Miami, Florida 33126
Latitude:N25° 46' 23''
Longitude:W81° 43' 49.7''

Neighborhood

Postal City:Miami

Property Map