Multifamily in Miami, FL 33138
Rose Lawn Park, 151 NE 77th St

$850K17.6%
$700,000
1,527
SqFt
Status
OFF MARKETExpired
Size
1,527 SqFt (142 m2)
Price
$458/SqFt ($4,934/m2)
Type
Multifamily
Built
1942
MLS Number
F10379393
On Site
1228 Days
Updated
1069 Days ago
Page Views
0
7-8% return on investment for developer / $9-10k per month. Currently, there are 2 partially completed detached units, the first unit 2/2, and the second unit 2/2.5 baths. Both units have already undergone renovations, with new roofs, floors, and bathrooms installed. Estimated cost to complete both units $50k. Rents in the area are $2300 per unit. Plans are almost approved for an additional 2 units (possible to be included). Estimated cost to build additional 2 units around $350k. The property is zoned to build up to 9 units, so there is still more value to extract in the long run. Buyer must be willing to close with unsafe structure violation. There are no fines.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Laminate
        • Year Built: 1942
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-05-05T16:03:52.000-00:00
          Taxes, Fees & More
          • Taxes: 5102
          • Total Units in Building: No info

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          Price History

          Current
          $700K
          High
          $850K
          Low
          $670K
          Total Change
          -17.6%
          $872K$760K$648KMay 23Jun 23Jun 23Jun 23Jul 23Jul 23Jul 23Jul 23Jul 23Jul 23Jul 23Aug 23Aug 23Oct 23Oct 23
          Date
          Event
          Price
          Change
          Price Per
          10/12/2023
          Price Reduced
          $700K
          -0.71%
          $458 ft2
          $4,934 m2
          10/04/2023
          Price Reduced
          $705K
          -1.4%
          $462 ft2
          $4,970 m2
          08/30/2023
          Price Reduced
          $715K
          -0.69%
          $468 ft2
          $5,040 m2
          08/21/2023
          Price Reduced
          $720K
          -0.69%
          $472 ft2
          $5,075 m2
          07/27/2023
          Price Increased
          $725K
          8.21%
          $475 ft2
          $5,111 m2
          07/26/2023
          Price Reduced
          $670K
          -2.9%
          $439 ft2
          $4,723 m2
          07/18/2023
          Price Reduced
          $690K
          -2.13%
          $452 ft2
          $4,864 m2
          07/13/2023
          Price Reduced
          $705K
          -1.4%
          $462 ft2
          $4,970 m2
          07/09/2023
          Price Increased
          $715K
          2.29%
          $468 ft2
          $5,040 m2
          07/07/2023
          Price Reduced
          $699K
          -3.59%
          $458 ft2
          $4,927 m2
          07/01/2023
          Price Reduced
          $725K
          -2.68%
          $475 ft2
          $5,111 m2
          06/27/2023
          Price Reduced
          $745K
          -6.76%
          $488 ft2
          $5,252 m2
          06/23/2023
          Price Reduced
          $799K
          -1.96%
          $523 ft2
          $5,632 m2
          06/01/2023
          Price Reduced
          $815K
          -4.12%
          $534 ft2
          $5,745 m2
          05/05/2023
          Listed
          $850K
           
          $557 ft2
          $5,992 m2
          10/12/2023
          $700K
          Event
          Price Reduced
          Change
          -0.71%
          Price Per
          $458 ft2
          $4,934 m2
          10/04/2023
          $705K
          Event
          Price Reduced
          Change
          -1.4%
          Price Per
          $462 ft2
          $4,970 m2
          08/30/2023
          $715K
          Event
          Price Reduced
          Change
          -0.69%
          Price Per
          $468 ft2
          $5,040 m2
          08/21/2023
          $720K
          Event
          Price Reduced
          Change
          -0.69%
          Price Per
          $472 ft2
          $5,075 m2
          07/27/2023
          $725K
          Event
          Price Increased
          Change
          8.21%
          Price Per
          $475 ft2
          $5,111 m2
          07/26/2023
          $670K
          Event
          Price Reduced
          Change
          -2.9%
          Price Per
          $439 ft2
          $4,723 m2
          07/18/2023
          $690K
          Event
          Price Reduced
          Change
          -2.13%
          Price Per
          $452 ft2
          $4,864 m2
          07/13/2023
          $705K
          Event
          Price Reduced
          Change
          -1.4%
          Price Per
          $462 ft2
          $4,970 m2
          07/09/2023
          $715K
          Event
          Price Increased
          Change
          2.29%
          Price Per
          $468 ft2
          $5,040 m2
          07/07/2023
          $699K
          Event
          Price Reduced
          Change
          -3.59%
          Price Per
          $458 ft2
          $4,927 m2
          07/01/2023
          $725K
          Event
          Price Reduced
          Change
          -2.68%
          Price Per
          $475 ft2
          $5,111 m2
          06/27/2023
          $745K
          Event
          Price Reduced
          Change
          -6.76%
          Price Per
          $488 ft2
          $5,252 m2
          06/23/2023
          $799K
          Event
          Price Reduced
          Change
          -1.96%
          Price Per
          $523 ft2
          $5,632 m2
          06/01/2023
          $815K
          Event
          Price Reduced
          Change
          -4.12%
          Price Per
          $534 ft2
          $5,745 m2
          05/05/2023
          $850K
          Event
          Listed
          Price Per
          $557 ft2
          $5,992 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Khaliq KingRE/MAX Interaction Realty • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          52

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          72

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          33

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          6 – 6 BR
          Bedrooms
          $615K – $1.9M
          Price Tier
          864 - 6,090
          SqFt Range
          1950
          Year Build
          1
          Total Floors

          Miami
          Mid-Tier
          Mid-Tier Homes & Condos