Fourplex (Quadruplex) Sold 1808 SW 3rd St, Miami, FL 33135
1808 SW 3rd St, Miami, FL 33135
Property Description: Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6x1/1 apartments and 1 convenience store. Gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5x1/1 paying $1300 and 1x1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.
Useful Info
Lease Details
- Water
Land Lot (Parcel) Details
- < 1/4 Acre
Construction
- Resale
Style:
- Fourplex
- Block
- Tile
- Investment
Property Features
- Other
- Wall/window Unit(s)
- Wall Furnace
Taxes and Expenses
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.
Terms
- Cash
- Conventional
- Tenant
- Closing & Funding
- Conventional
Community
Parking
Utilities
- Public Sewer
- Cable Available
More Details
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number14
Buyer Country of ResidenceUSA
Buy StateFlorida
Zoning and Legal
Listing History
| Update/Event | Date/Days |
| Published Date: | April 26, 2024 10:57 am |
| On Market Date: | April 26, 2024 |
| Close Date: | July 3, 2024 |
| Price Change Date Time: | April 26, 2024 10:41 am |
| Last Important Update Description: | Closed |
| Date and Time of Last Important Update: | July 9, 2024 4:02 pm |
| Status Last Changed: | July 9, 2024 4:02 pm |
| Photos Last Modified: | April 26, 2024 3:14 pm |
| Last Modified: | July 9, 2024 8:03 pm |
| Days on the Market Reference Date: | July 9, 2024 |
| Days on the Market (updated on Last Modified*): | 0 |
| Cumulative Days on the Market (updated on Last Modified**): | 239 |
