Home » Miami » 16955 SW 100th Ave, Miami, FL 33157 | A11738187

Multi Family For Sale 16955 SW 100th Ave, Miami, FL 33157

$3,900,000

Property Highlights

Listing ID A11738187 Status of this Listing: Active For Sale Newly Listed Property Property Type Commercial Sale Multi Family Building Area 11,000 Sqft/1021.93 m2 approx. Lot area 14,508 Sqft/1347.84 m2 approx. Year Built 2024 Time of this property on Rebonus 0 Day(s)

16955 SW 100th Ave, Miami, FL 33157

Property Description: Welcome to Serenity Villas a great asset generating cash flow approximate $27,000 a month fully rented with low expenses, This brand new construction building consists of 10 units: eight 2bed 2 bath, one 3bed 3bath and one 1bed 1bath apartments with an option of additional studio, each coming with two reserved parking spaces. Inviting open layouts with European-style cabinets, quartz countertops, ceramic tile backsplashes, stainless steel appliances, plank flooring throughout and in-unit washer/dryer are just a few features of those desirable apartments. In addition, the property has two exterior storage spaces that can be rented to generate extra income. This is an excellent investment opportunity that will last for generations!

Useful Info

Original List Price:$3,900,000

Lease Details

Lease Terms Description:1 To 3 Year Lease

Business Info

Gross Scheduled Income:26000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Number of Units Total:10
Levels:Two
Construction Materials:
  • Block
Structure Type:
  • Apartment
Stories:2

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
Roof:
  • Concrete
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$3,870

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:2024
Insurance Expense:$9,000

Terms

Documents Available:
  • Site Plan
  • Rent Rolls
  • Appraisal
  • Contract(s)
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Term:
  • 36 Months
Tenant Pays:
  • Hvac Maintenance
  • Insurance
  • Water
  • Sewer
Lease Considered:No

Community

Building Name:Serenity Villas
Senior Community:No

Parking

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

Utilities

Number of Separate Electric Meters:12
Sewer:
  • Other
Utilities Expense:$60
Water Source:
  • Public

More Details

Other Information:
Property DescriptionIncome/MultiFamily 10 unit
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code30
Ref1104260084
Subdivision Number2

Zoning and Legal

Tax Legal Description:PERRINE INDUSTRIAL SUB PB 58-19 LOT 14 BLK 2 LOT SIZE 14508 SQUARE FEET OR 21186-1851 042003 2 (2) COC 23831-1044 09 2005 1
Real Estate Folio Number (Parcel Number):30-50-32-002-0260
Zoning Description:3050
Public Survey Township:30
Public Survey Range:50
Public Survey Section:32
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:February 4, 2025 12:47 pm
On Market Date:February 4, 2025
Price Change Date Time:February 4, 2025 12:22 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 4, 2025 12:47 pm
Status Last Changed:February 4, 2025 12:47 pm
Photos Last Modified:February 4, 2025 6:01 pm
Last Modified:February 4, 2025 5:53 pm
Days on the Market Reference Date:February 4, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Number of Photos:37
Location:Corner Lot,,
Included:Building & Land,,
Area:50
Automated Valuation Display:Yes
Courtesy of:NB Elite Realty
Universal Property Id:US-12025-N-3050320020260-R-N

Location

Show Property Address:Yes
Street Name:100th Ave
Street Number:16955
Street Direction Prefix:SW
Street Address:16955 SW 100th Ave
City : Miami
State : Florida
Zip Code : 33157
County : Miami-Dade
Full Address:16955 SW 100th Ave, Miami, FL 33157
Latitude:N25° 36' 43.7''
Longitude:W81° 38' 49.8''

Neighborhood

Postal City:Miami

Property Map