Home » Miami » 1198 NW 61st St, Miami, FL 33127 | A11616889

1198 NW 61st St, Miami, FL 33127 | For Sale

$735,000

Property Highlights

Listing ID A11616889 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 3,952 Sqft/367.15 m2 approx. Building Area 3,952 Sqft/367.15 m2 approx. Year Built 1979 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 62 Day(s)
1 Photos of this Property

1198 NW 61st St, Miami, FL 33127

Property Description: Great investment opportunity. centrally located. 4-unit building consisting of 2 bedrooms and a bathroom each. Centrally located and close to all major expressways, downtown and Miami Beach. Building has some violations that buyer would have to take over. Unit # 3 will have to remain rented at the same monthly rent ($1,250) for an additional year post closing all other units are month to month. Cash only

Useful Info

Original List Price:$735,000

Lease Details

Rent Includes:
  • Trash Collection
  • Water

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

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

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$8,972

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 No Exemptions

Terms

Documents Available:
  • Other
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:REV PLAT OF NORTHWOOD
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax Information: Tax Reflects No Exemptions
Flood Zone : AH
Type of Association: None
Style: Fourplex
FEMA Flood Zone Designations: AH
Municipal Code: 1
Subdivision Number: 25

Zoning and Legal

Tax Legal Description:14 53 41 .23 AC NORTHWOOD REV PL PB 33-72 N1/2 OF TR 2-B LESS E60FT /FKA LOTS 13 THRU 16 LESS E10FT BLK 2 PB 23-15/ LOT SIZE 95.300 X 106 OR
Real Estate Folio Number (Parcel Number):01-31-14-025-0123
Zoning Description:6101
Public Survey Township:1
Public Survey Range:31
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:July 2, 2024 12:14 pm
On Market Date:July 2, 2024
Price Change Date Time:July 2, 2024 12:10 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:August 30, 2024 12:16 am
Status Last Changed:August 30, 2024 12:16 am
Photos Last Modified:July 22, 2024 4:30 pm
Last Modified:August 30, 2024 4:16 am
Days on the Market Reference Date:August 30, 2024
Days on the Market (updated on Last Modified*):24
Cumulative Days on the Market (updated on Last Modified**):24

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos Count:1
Area:31
Ref ID:1077022627
Courtesy of:Harbor Realty Inv. Corp
Universal Property Id:US-12025-N-0131140250123-R-N

Location

Show Property Address:Yes
Street Name:61st St
Street Number:1198
Street Direction Prefix:NW
Street Address:1198 NW 61st St
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:1198 NW 61st St, Miami, FL 33127
Latitude:N25° 49' 51.8''
Longitude:W81° 47' 1.3''

Neighborhood

Postal City:Miami

Property Map