Home » Miami » 1236 NE 109th St, Miami, FL 33161 | A11524532

Triplex For Sale 1236 NE 109th St, Miami, FL 33161

$900,000
Price has increased by $10,000

Property Highlights

Listing ID A11524532 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Income (Multifamily 2-4) Triplex Living Space 1,950 Sqft/181.16 m2 approx. Building Area 1,998 Sqft/185.62 m2 approx. Year Built 1952 Time of this property on Rebonus 309 Day(s)

1236 NE 109th St, Miami, FL 33161

Property Description: ATTENTION INVESTORS! The wait for Airbnb enthusiasts is over. Unit One boasts a spacious 2-bed, 2-bath layout with in-unit laundry, a private master bathroom, and shower. Unit Two also offers a generous 2-bedroom, 2-bathroom configuration, while Unit Three features a studio setup. Conveniently located just 15 minutes from Bal Harbor and beaches, this income-generating triplex offers a 6.5% cap rate. With a new roof and upgrades, it includes a studio RV hook-up at the rear of the property, four parking spots in the front, and a backyard yard space for guest entertainment and relaxation. The property is strategically situated near golf courses, major highways, shopping, and Biscayne Blvd. Close to Bal Harbour & Aventura Malls, Wynwood, Design District, Miami Shores and 15 mins to the beach!

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$850,000
Original List Price:$890,000

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Unknown
Levels:One
Construction Materials:
  • Other
Flooring:
  • Other
  • Ceramic Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Flat
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$9,618

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
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Exemption

Terms

Documents Available:
  • Other
  • Financials
  • Inventory
  • None
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:AMD PL BAY RIDGE
Senior Community:No

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects Homestead Exemption
Flood ZoneAE
Type of AssociationOther
StyleTriplex
FEMA Flood Zone DesignationsAE
Municipal Code30
Ref1059923335
Subdivision Number6

Zoning and Legal

Tax Legal Description:32 52 42 AMD PL BAY RIDGE PB 20-8 LOT 6 BLK 6 LOT SIZE 50.000 X 125 OR 19849-1213 07 2001 1
Real Estate Folio Number (Parcel Number):30-22-32-006-0740
Zoning Description:3700
Public Survey Township:30
Public Survey Range:22
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:February 2, 2024 1:06 pm
On Market Date:February 2, 2024
Price Change Date Time:December 5, 2024 1:09 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:December 5, 2024 1:09 pm
Status Last Changed:June 10, 2024 11:43 am
Photos Last Modified:February 2, 2024 6:21 pm
Last Modified:December 5, 2024 6:10 pm
Days on the Market Reference Date:December 5, 2024
Days on the Market (updated on Last Modified*):129
Cumulative Days on the Market (updated on Last Modified**):505

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:32
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:22
Courtesy of:Keller Williams Capital Realty
Universal Property Id:US-12025-N-3022320060740-R-N

Location

Show Property Address:Yes
Street Name:109th St
Street Number:1236
Street Direction Prefix:NE
Street Address:1236 NE 109th St
City : Miami
State : Florida
Zip Code : 33161
County : Miami-Dade
Full Address:1236 NE 109th St, Miami, FL 33161
Latitude:N25° 52' 31.8''
Longitude:W81° 49' 38''

Neighborhood

Postal City:Miami

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