Lawrence Estates Land, 1450 SW 6th St
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OFF MARKET
$4,300,000
0.34
AcreStatus
OFF MARKETExpired
Size
0.34 Acres (1,394 m2)
Price
$12,647,059/Acre ($3,086/m2)
Type
Land
MLS Number
A11287296
On Site
1434 Days
Updated
1433 Days ago
Page Views
0
Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15,000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified.
Features
All features
- Current Use: MultiFamily
- Property SqFt: 15000
- Remarks: Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15, 000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified.
- Internet Remarks: Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15, 000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified.
- Waterfront: No info
- Days on Market: 2
- Compass Point: SW
- Office Name: Antilles Realty
- Area: 15000
- Taxes: 18324
- Tax Year: 2021
- Listing Date: 2022-10-12T07:48:44.070-00:00
- Lot Size Square Feet: 15000
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/11/2022
Listed
$4.3M
 $287 ft2
$3,086 m2
10/11/2022
$4.3M
Event
Listed
Price Per
$287 ft2
$3,086 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Beatriz Navarro Goudie • Antilles Realty • Buyer Agency Compensation .
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Scores
95
100
83
100
82
100
69
100
0
100
41
100
1
100
Community Snapshot
2 – 6 BR
Bedrooms
$499K – $6.5M
Price Tier
700 - 16,054
SqFt Range
1948
Year Build
2
Total Floors
Subdivision Amenities
Laundry
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Lawrence Estates Land Communities in Miami, FL
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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