Forest Park Properties For Sale

Miami, FL 33150

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$2,750,000
584 NW 65th St, Miami, FL 33150
MLS# A11714783
N/A
Beds
N/A
Baths
8,340
SqFt
0.0%
N/A
Garage
$330
$/SqFt
This fully renovated 12-unit multifamily property is located in miami's thriving little river submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates a net operating income (noi) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime little river location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Gridline Properties
THINKING OF SELLING IN Forest Park?
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Schools
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Scores
Walk Score®

Somewhat Walkable. Some errands can be accomplished on foot.

63

100

Transit Score®

Good Transit. Many nearby public transportation options.

50

100

Bike Score®

Bikeable. Some bike infrastructure.

62

100

Sound Score®

No data.

N/A

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