Home » Miami » 1202 NW 61st St, Miami, FL 33142 | A11538917

Fourplex (Quadruplex) Sold 1202 NW 61st St, Miami, FL 33142

$775,000
closed for a price of $820,000

Property Highlights

Listing ID A11538917 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 3,824 Sqft/355.26 m2 approx. Building Area 3,824 Sqft/355.26 m2 approx. Year Built 1979 Time of this property from published date until Closing Date 80 Days

1202 NW 61st St, Miami, FL 33142

Property Description: Explore the potential of this awesome fourplex situated in a prime location, offering an enticing opportunity for savvy investors aiming to optimize returns in a vibrant rental market. With current rental rates primed for improvement, this property presents a compelling chance to boost revenue streams and amplify profitability. Liberty City 's dynamic real estate landscape and favorable economic climate create an advantageous environment for investors, with promising prospects for capital appreciation and enduring rental demand. Seize this extraordinary opportunity to leverage Liberty City 's flourishing rental market to your advantage. PLEASE DO NOT DISTURB TENANTS. SHOWINGS WILL BEGIN AFTER MARCH 17, 2024! NO EXCEPTIONS

Useful Info

Contingency:Pending Inspections
Original List Price:$775,000
Close Price:$820,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:2

Property Features

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

Taxes and Expenses

Tax Annual Amount:$6,969

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

Terms

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

Community

Subdivision Name:ORCHARD VILLA EXTENSION
Senior Community:No

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Flood ZoneAH
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number43
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:ORCHARD VILLA EXT PB 17-55 LOTS 11 & 12 BLK 3 LOT SIZE 56.00 X 123.00 OR 17400-0130 1096 1 COC 21758-3211 10 2003 1
Real Estate Folio Number (Parcel Number):01-31-14-043-0530
Zoning Description:6101
Public Survey Township:1
Public Survey Range:31
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:February 25, 2024 4:16 pm
On Market Date:February 21, 2024
Close Date:May 15, 2024
Price Change Date Time:February 23, 2024 9:25 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 17, 2024 2:22 pm
Status Last Changed:May 17, 2024 2:22 pm
Photos Last Modified:February 25, 2024 9:28 pm
Last Modified:May 17, 2024 6:22 pm
Days on the Market Reference Date:May 17, 2024
Days on the Market (updated on Last Modified*):61
Cumulative Days on the Market (updated on Last Modified**):61

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:42
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:31
Courtesy of:Robin Bird Realty Inc
Universal Property Id:US-12025-N-0131140430530-R-N

Location

Show Property Address:Yes
Street Name:61st St
Street Number:1202
Street Direction Prefix:NW
Street Address:1202 NW 61st St
City : Miami
State : Florida
Zip Code : 33142
County : Miami-Dade County
Full Address:1202 NW 61st St, Miami, FL 33142
Latitude:N25° 49' 51.8''
Longitude:W81° 46' 59.5''

Neighborhood

Postal City:Miami

Property Map