Gladeview, FL Real Estate For Sale

Multifamily investment featuring a total of 13 units spread across two structures. The primary two-story building includes 11 units, along with a separate detached structure housing 2 additional units. The current unit configuration includes six 2-bedroom/1-bath units and seven 1-bedroom/1-bath units. Buyer to independently verify the legal unit count, unit layout, bedroom/bathroom configuration, and unit numbering with miami-dade county. The property is being conveyed as-is, and the buyer will assume responsibility for any existing liens and code violations. The buildings are presently boarded, however a walk-through video is available to review the interior condition. This asset presents a strong opportunity for investors interested in redevelopment, repositioning, or a long-term hold. The property was vandalized, resulting in significant damage. All exterior doors need to be replaced, multiple windows are broken, and the units will need to be stripped down to the studs and completely rebuilt from scratch. The walls were broken through to steal electrical wiring and to get to the other units. Plumbing lines and fixtures were stolen, causing extensive system damage. A comprehensive renovation is required. The electrical system needs a complete overhaul, including replacement of panels and full rewiring. The plumbing system also requires full replacement due to the stolen and missing plumbing lines and fixtures. Mold is present throughout the property, worsened by broken walls that allow access between units. In addition, the roof is visibly sinking, as shown in the provided photographs. In summary, the entire unit requires a full renovation, including proper permitting and work performed by a licensed contractor.

Great four-unit multifamily property located in the heart of liberty city, an infamous neighborhood located miami that is experiencing a huge transformation of new developments, business and population growth. This property is located in a federal designated opportunity zone and sits on a 14, 000 square feet land parcel. Located conveniently within 15 minutes of miami international airport, downtown miami, wynwood, and major highways. All tenants are month to month and will transfer with the sale under the new owner once sold. Attached are approved city plans that shows are units were built out legally, three units are full 3/2's and one unit is a full 3/1. Rents are below market, but this is a great opportunity to improve rents. Please do not disturb tenants. Please contact listing agent to request showings. There will be a minimum 72 hour approval time to confirm showings.