$759,999
$740,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1477 NE 116th St Miami, FL 33161
2,903 SqFt
Key Details
Sold Price $759,999
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,903 sqft
Price per Sqft $261
Subdivision Biscayne Shores Unit 4
MLS Listing ID A11412112
Sold Date 08/14/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $7,231
Tax Year 2022
Contingent No Contingencies
Property Description
The building is currently 100% occupied on a month to month basis. Great opportunity for an investor to rehab and use as a Airbnb or maximize rental. The property is located within 15 minutes to public beaches. There is a new park located across the street from the property. Lots of potential. Property has recent updates including a new roof, interior doors and some updated kitchens, see interior photos. Property could qualify for Conventional, FHA or VA.
Property is tenant occupied. OK to drive by but please don't bother tenants. I took good interior photographs and a sketch of the units is attached. Only showing to serious inquiries. Price is firm. Property is being sold As Is. No appraisal contingency. Property is in a Flood Zone and requires insurance.
Location
State FL
County Miami-dade County
Community Biscayne Shores Unit 4
Area 22
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Vinyl, Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-22-32-014-0480
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Conventional
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Bought with Coldwell Banker Realty