Home » Miami » 9580 NW 4th Ave, Miami, FL 33150 | A11619809

Multi Family For Sale 9580 NW 4th Ave, Miami, FL 33150

$1,849,000
Price has decreased by $150,000

Property Highlights

Listing ID A11619809 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Commercial Sale Multi Family Building Area 5,580 Sqft/518.40 m2 approx. Lot area 19,550 Sqft/1816.25 m2 approx. Year Built 1962 Time of this property on Rebonus 212 Day(s)

9580 NW 4th Ave, Miami, FL 33150

Property Description: Prime Multifamily property with 10 well-appointed 1-bedroom and 1-bathroom apartments generating $14,400 monthly or $172K annual gross. Located in Miami 's rapidly developing 33150 area, offering easy access to major highways, Downtown Miami, Wynwood, and Miami Beach. Most units with recent upgrades and fully rented ensure strong rental income. Secure and well-maintained, with a fenced property and secure entry points. Laundry room on-site for the convenience of tenants and bringing extra income for the landlord. Competitive pricing, with significant growth potential in a thriving local economy.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$1,999,000
Original List Price:$1,999,000
If Bank REO, Short Sale, As Is, etc.:
  • Corporate Listing (Corporate Owned Property)

Lease Details

Lease Terms Description:Annual Lease

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:10
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
  • Vinyl
  • Terrazzo
Stories:1
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • None
  • Wall Furnace
  • Window Unit

Taxes and Expenses

Tax Annual Amount:$17,167

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

Terms

Documents Available:
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Term:
  • 12 Months
Tenant Pays:
  • Electricity
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:20
Covered Spaces:0
Parking Features:
  • Common

Utilities

Number of Separate Electric Meters:10
Sewer:
  • Septic Tank
Electric:
  • 110 Volts
Water Source:
  • Public

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code30
Ref1077199278
Subdivision Number3
PACE (Property Assessed Clean Energy) program0

Zoning and Legal

Tax Legal Description:AMD PL OF 2ND ADDN TO PINEWOOD PARK PB 34-84 LOTS 1 & 2 & LOT 13 BLK 9 LOT SIZE IRREGULAR OR 20408-0721 0502 1 COC 22624-0762 08 2004 1
Real Estate Folio Number (Parcel Number):30-31-01-003-1050
Zoning Description:5100
Public Survey Township:30
Public Survey Range:31
Public Survey Section:1
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:July 8, 2024 2:37 pm
On Market Date:July 8, 2024
Price Change Date Time:August 28, 2024 10:26 am
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:October 16, 2024 4:08 pm
Status Last Changed:October 16, 2024 4:08 pm
Photos Last Modified:July 8, 2024 7:08 pm
Last Modified:January 14, 2025 2:27 pm
Days on the Market Reference Date:January 14, 2025
Days on the Market (updated on Last Modified*):99
Cumulative Days on the Market (updated on Last Modified**):139

Additional Information

Lot Size Range:1/2+ To 3/4 Acre
Number of Photos:20
Location:Corner Lot,,
Included:Building & Land,,
Area:31
Courtesy of:Deal Flow Realty, LLC.
Universal Property Id:US-12025-N-3031010031050-R-N

Location

Show Property Address:Yes
Street Name:4th Ave
Street Number:9580
Street Direction Prefix:NW
Street Address:9580 NW 4th Ave
City : Miami
State : Florida
Zip Code : 33150
County : Miami-Dade
Full Address:9580 NW 4th Ave, Miami, FL 33150
Latitude:N25° 51' 46.9''
Longitude:W81° 47' 42.5''

Neighborhood

Postal City:Miami

Property Map