Home » Miami » 817 NW 2nd St, Miami, FL 33128 | A11724081

Multi Family For Sale 817 NW 2nd St, Miami, FL 33128

$1,650,000
Price has increased by $50,000

Property Highlights

Listing ID A11724081 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 6,711 Sqft/623.47 m2 approx. Lot area 7,500 Sqft/696.77 m2 approx. Year Built 1974 Time of this property on Rebonus 8 Day(s)

817 NW 2nd St, Miami, FL 33128

Property Description: Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income--please see the attached pro-forma statement for details. Most tenants have been residing in the building for years. Finding new tenants is surprisingly easy, just put a "for rent " sign in the fence and get about 30 phone calls in one weekend. This property has potential for redevelopment as evidenced by the two new buildings built in front. The roof and all the electrical equipment were completely replaced last year as per current coding. Minor structural repairs will be finished in some weeks. 50-year recertification is almost complete, and owner guarantees that all requirements will be completed by the closing date.

Useful Info

Previous Asking Price:$1,600,000
Original List Price:$1,600,000
If Bank REO, Short Sale, As Is, etc.:
  • Corporate Listing (Corporate Owned Property)

Business Info

Gross Scheduled Income:147000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Number of Units Total:6
Construction Materials:
  • Block
Structure Type:
  • Apartment
  • Multi Family
Stories:3

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Other
  • Fenced
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)

Taxes and Expenses

Tax Annual Amount:$23,157

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:
  • Ground Photo
  • Financials
Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry 2nd Mortgage (Owner Financing, The Seller may be interested in carrying second mortgage note
Occupant Type:
  • Tenant
Tenant Pays:
  • Electricity
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:9
Covered Spaces:0
Parking Features:
  • Common
  • Accessible Parking

Utilities

Number of Separate Electric Meters:7
Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood ZoneAE
FEMA Flood Zone DesignationsAE
Ref1102744434
Subdivision Number3

Zoning and Legal

Tax Legal Description:38 54 41 BRICKELLS RIVERVIEW PB 5-43 LOT 18 BLK 5 LOT SIZE 7500 SQUARE FEET OR 19798-2733 07 2001 1
Real Estate Folio Number (Parcel Number):01-41-38-003-3650
Zoning Description:3900
Public Survey Range:41
Public Survey Section:38

Listing History

Update/EventDate/Days
Published Date:January 13, 2025 8:49 pm
On Market Date:January 13, 2025
Price Change Date Time:January 20, 2025 12:25 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 20, 2025 12:25 pm
Status Last Changed:January 13, 2025 8:49 pm
Photos Last Modified:January 14, 2025 2:17 am
Last Modified:January 21, 2025 6:10 pm
Days on the Market Reference Date:January 21, 2025
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Number of Photos:20
Location:,,
Included:,Leases,
Area:41
Automated Valuation Display:Yes
Courtesy of:Apas 1 LLC
Universal Property Id:US-12025-N-0141380033650-R-N

Location

Show Property Address:Yes
Street Name:2nd St
Street Number:817
Street Direction Prefix:NW
Street Address:817 NW 2nd St
City : Miami
State : Florida
Zip Code : 33128
County : Miami-Dade
Full Address:817 NW 2nd St, Miami, FL 33128
Latitude:N25° 46' 33.3''
Longitude:W81° 47' 30.2''

Neighborhood

Postal City:Miami

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