$800,000
$899,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
1,696 SqFt
SOLD DATE : 05/08/2024
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,696 sqft
Price per Sqft $471
Subdivision Silver Bluff Gardens
MLS Listing ID A11499981
Sold Date 05/08/24
Construction Status Resale
HOA Y/N No
Year Built 1953
Annual Tax Amount $2,500
Tax Year 2023
Contingent Pending Inspections
Property Description
Investor's dream! This unique under $1M triplex, nestled between Coral Gables and Coconut Grove, offers a fantastic opportunity. The property owner enjoys a spacious 3-bed, 3-bath living space with central A/C, while each of the two separate units features a 1-bed, 1-bath with a small kitchen, and a third unit with a kitchenette and a full bath. Each of the units has its own private entrance, providing flexibility for a variety of options, making it perfect for Airbnb, College Students, or Multigenerational family setup. Comparable rents for the 3/3 main residence are near $5000/month, while comps for the additional units are in line with current leases of $1500/month and $1200/month, respectively. Don't miss your chance to invest in this ideal location with great income potential.
Location
State FL
County Miami-dade County
Community Silver Bluff Gardens
Area 41
Direction FROM US1 TO SW 32 AVE GO NORTH UNTIL 27 STREET, MAKE LEFT TO 33 COURT, RIGHT TO ADDRESS
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Exterior Feature Fence, Storm/Security Shutters
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Pre-Cast Concrete
Construction Status Resale
Others
Tax ID 01-41-16-016-1590
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Atlas Realty Company, Inc.
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