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Private Address | For Sale A11625510 in Miami

$2,000,000

Property Highlights

Listing ID A11625510 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 5,469 Sqft/508.09 m2 approx. Lot area 6,150 Sqft/571.35 m2 approx. Year Built 1926 Seller considers Owner Financing Time of this property on Rebonus 50 Day(s)
12 Photos of this Property

About this Multi Family with Listing ID A11625510

Property Description: Welcome to a unique value-add opportunity nestled in the heart of the historic and fast-paced Overtown neighborhood. This mixed-use multifamily property boasts two buildings: a six-unit residential complex and an accompanying grocery store with additional units, offering a blend of convenience, history, and urban charm.

Useful Info

Original List Price:$2,000,000

Lease Details

Lease Terms Description:Month To Month Lease,Other Lease Terms

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Levels:Two
Construction Materials:
  • Block
  • Other
  • Modular/prefab
Flooring:
  • Tile
  • Other
  • Vinyl
  • Laminate
Structure Type:
  • Other
Stories:2
Road Frontage Type:
  • City Street
  • Other

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Other
  • Fenced
Roof:
  • Concrete
  • Other
  • Slate
Air Conditioning System:
  • Other
  • None
  • Wall/window Unit(s)
Heating System:
  • Other
  • None
  • Wall Furnace
  • Window Unit

Taxes and Expenses

Tax Annual Amount:$8,507

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

Documents Available:
  • Rent Rolls
  • Short Sale Addendum
Listing Terms Considered by Seller:
  • Cash
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
  • Other
Occupant Type:
  • Call Agent
Buyer Possession:
  • Other
  • Close Of Escrow
Lease Term:
  • Month To Month
Tenant Pays:
  • Electricity
  • Water
  • Sewer
  • Other
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:2
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
  • Other
Electric:
  • 100 Amp Service
  • Other
Water Source:
  • Public

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 29

Zoning and Legal

Tax Legal Description:ERICKSONS RESUB LOTS 3 & 4 BLK 17 PB B-156 S61.5FT OF LOTS 11 & 12 LOT SIZE 61.500 X 100 OR 19729-3520 0601 1 COC 22857-4010 11 2004 4
Real Estate Folio Number (Parcel Number):01-31-36-029-0160
Zoning Description:5700
Public Survey Township:1
Public Survey Range:31
Public Survey Section:36

Listing History

Update/EventDate/Days
Published Date:July 17, 2024 2:27 pm
On Market Date:June 13, 2024
Price Change Date Time:July 17, 2024 2:27 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 17, 2024 2:27 pm
Status Last Changed:July 17, 2024 2:27 pm
Photos Last Modified:July 17, 2024 6:54 pm
Last Modified:July 25, 2024 3:26 am
Days on the Market Reference Date:July 25, 2024
Days on the Market (updated on Last Modified*):41
Cumulative Days on the Market (updated on Last Modified**):41

Additional Information

Number of Photos Count:12
Area:31
Ref ID:1077580863
Automated Valuation Display:Yes
Courtesy of:Guillen and Associates Real Estate Consultants, In
Universal Property Id:US-12025-N-0131360290160-R-N

Neighborhood

Postal City:Miami