Miami, FL 33137,121 NE 55th St
Miami, FL 33137,121 NE 55th St
Miami, FL 33137,121 NE 55th St
Miami, FL 33137,121 NE 55th St
Miami, FL 33137,121 NE 55th St
Miami, FL 33137,121 NE 55th St
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$ 1,975,000
Est. payment | /mo

4,176 SqFt


$ 1,975,000
Est. payment | /mo

4,176 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,176 sqft

Price per Sqft $472

Subdivision Tranquilla

MLS Listing ID A11679941

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1924

Annual Tax Amount $17,376

Tax Year 2023

Property Description

This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential.

Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!

Location

State FL

County Miami-dade

Community Tranquilla

Area 31

Interior

Heating None

Cooling Other

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other

Total Parking Spaces 8

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Other

Construction Status Resale

Others

Tax ID 01-31-13-064-0210

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by City Group Consulting, LLC

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121 NE 55th St