$2,399,000
SOLD DEC 27, 2024
-- Bed
-- Bath
5,335 Sq Ft
2016 Built

Recently Sold

$450 Per Sq Ft

9% Below List Price

40 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2024

PRIME LOCATION just 1 block from the vibrant Design District, this Newly renovated 8-unit presents an exceptional investment opportunity. Spanning 2 stories on a 7,500 sq. ft. lot, each of the 8 1-bed, 1-bath units boasts modern finishes. Interiors have been meticulously gutted & rebuilt from the studs. Every unit has a full size washer/dryer, separately metered & tenants pay electric.
 
Residents enjoy access to secure on-site gated parking, 1 designated space/unit, along w/2 outdoor common areas designed for entertaining w/grilling station. The building is not only a well-managed asset but also home to a community of professional young tenants who work in the vicinity. Schedule your private tour today!

Last Agent to Sell the Property

Avisha Kassir

Compass Florida, LLC. License #3377651

Compass Florida, LLC.

Co-Listed By

Giovanna Barraza

Compass Florida, LLC. License #3546080

Last Buyer's Agent

Chris King

Compass Florida, LLC License #3559386

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,734

Year Built

  • Built in 2016

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Flat Tile Roof

Interior Spaces

  • 5,335 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 8 Units
  • Princess Park Condos
  • Princess Park Subdivision

Listing and Financial Details

  • Rent includes electricity, hot water, gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 01-31-24-021-0700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,734

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2016
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: thank goodness for GPS ;)
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PRINCESS PARK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 5335
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PRINCESS PARK
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-021-0700
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19734

Multi Family

  • Number Of Units Total: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $2,399,000 -9.5% $450 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $2,650,000 +253.3% $497 / Sq Ft
05/10/2016 05/10/16 Sold $750,000 0.0% $141 / Sq Ft
05/10/2016 05/10/16 Sold $750,000 -6.2% $141 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/19/2016 04/19/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $799,999 0.0% $150 / Sq Ft
03/06/2016 03/06/16 For Sale $799,999 -- $150 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11686707

MIAMI REALTORS® MLS