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Fourplex (Quadruplex) Sold Private Address A11516850 in Miami

$1,300,000
closed for a price of $1,250,000

Property Highlights

Listing ID A11516850 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,946 Sqft/273.69 m2 approx. Building Area 2,946 Sqft/273.69 m2 approx. Year Built 1929 Time of this property from published date until Closing Date 121 Days

About this Fourplex (Quadruplex) with Listing ID A11516850

Property Description: PRICE IMPROVED. WILL NOT LAST. Turnkey rental income Triplex in Little Havana. Ideal for investor looking to start making money from day one. The current owner has done a complete internal rebuild since 1999. Five blocks from Calle 8. Hardly any vacancies in the past 10 years. Oldest appliance no more than 5 years old.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$1,400,000
Original List Price:$1,400,000
Close Price:$1,250,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Gardener

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Property Condition:
  • Updated/remodeled
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:2
Possible Use:
  • Investment

Property Features

Waterfront:No
Exterior Features:
  • Fence
  • Storm/security Shutters
Roof:
  • Flat
Green Energy Efficient:
  • Insulation
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$10,723

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:2023
Property Tax Status:Tax Reflects City & County Tax,Tax Reflects No Exemptions

Terms

Documents Available:
  • Rent Rolls
Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:LAWRENCE ESTATES LAND COS
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax,Tax Reflects No Exemptions
Flood ZoneAH,X
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAH,X
Municipal Code1
Subdivision Number6
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB S50FT LOTS 19 & 20 BLK 84 LOT SIZE 5000 SQUARE FEET OR 18687-0150 0699 4
Real Estate Folio Number (Parcel Number):01-41-02-006-2810
Zoning Description:3901
Public Survey Township:1
Public Survey Range:41
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:January 22, 2024 12:06 pm
On Market Date:January 20, 2024
Close Date:May 22, 2024
Price Change Date Time:March 14, 2024 11:40 am
Last Important Update Description:Closed
Date and Time of Last Important Update:May 23, 2024 5:05 am
Status Last Changed:May 23, 2024 5:05 am
Photos Last Modified:January 22, 2024 5:28 pm
Last Modified:May 23, 2024 9:06 am
Days on the Market Reference Date:May 23, 2024
Days on the Market (updated on Last Modified*):74
Cumulative Days on the Market (updated on Last Modified**):74

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,Corner Lot
Number of Photos:30
Location:,,Less Than 1/4 Acre Lot,Corner Lot
Included:,,
Area:41
Courtesy of:The Keyes Company
Universal Property Id:US-12025-N-0141020062810-R-N

Neighborhood

Postal City:Miami