$965,000
$1,195,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
3,090 SqFt
SOLD DATE : 01/24/2022
Key Details
Sold Price $965,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,090 sqft
Price per Sqft $312
Subdivision Miriam Joy Subdivision
MLS Listing ID A11128295
Sold Date 01/24/22
Construction Status New Construction
HOA Y/N No
Year Built 1971
Annual Tax Amount $11,036
Tax Year 2021
Contingent No Contingencies
Property Description
As inflation reaches double digit figures with no end in sight, preserving your wealth by investing your cash in hard assets such as real estate has become ever more important. This is why this duplex is an excellent purchase. Located in the highly sought after area of north Pinecrest, this is one of the few multifamily properties left in one of the most-quickly appreciating neighborhoods in Miami. You can't find even a lot in north Pinecrest for this price. Both units are fully rented with leases ending in May 2023. The rents are below market value and can be raised to outpace inflation as soon as the leases are up. Units are both 3bd/2ba with updated kitchens, bathrooms, and freshly polished terrazzo floors. SHOWINGS ONLY AFTER OFFER IS SIGNED. Please do not disturb tenants.
Location
State FL
County Miami-dade County
Community Miriam Joy Subdivision
Area 50
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Terrazzo, Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
Construction Status New Construction
Others
Tax ID 20-50-10-036-0050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Vivian A. Jaime, Broker
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