529 NW 88th St

El Portal,FL 33150

$ 2400000

- Bed

0 Bath

6667 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,667 sqft

Price per Sqft $359

MLS Listing ID A11611001

Year Built 1940

Annual Tax Amount $32,054

Lot Size 0.999 Acres

Property Description

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.
Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.
Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.
Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.
Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

Location

State FL

County Miami-dade

Area 31

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