Closed

Biscayne Palms, 151 NW 164th St, North Miami Beach, FL 33169

900,000(-5.56% )
$850,000Price
650SqFt

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Details

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Status:
Sold - Nov 12, 2024
Size: 650 SqFt (60 m2)
Price: $1,308/SqFt ($14,076/m2)
Type: Multi Family
Built: 1967
MLS Number: F10454232
On Site: 362 Days
Updated: 256 Days ago
Page Views: 0
This 4-plex is situated right off of the golden glades interchange and is situated on a 12,000 sqft lot. The golden glades corridor is under massive redevelopment and could be a great investment opportunity. This 4-plex is currently producing a 6% cap rate with the ability to increase the rent with a just little bit of value add. Could bring closer to a 7.5% cap rate. Don't miss out on this opportunity. Do not disturb tenants
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric,WallFurnace
        • Cooling Description: CeilingFans, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile, Terrazzo, Tile
        • Windows/Treatment: Blinds
        • Year Built: 1967
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-08-01T18:48:24.000-00:00
          Taxes, Fees & More
          • Taxes: 17384
          • Total Units in Building: 2

          Price History

          11/12/2024

          Date

          Sold

          Event

          $850K

          Price

          -5.56%

          Change Rate

          $1,308 ft2 / $14,076 m2

          Price Per

          08/01/2024

          Date

          Listed

          Event

          $900K

          Price

          $1,385 ft2 / $14,904 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Robert Ernst • SELLSTATE 360 REALTY • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $500/ft²
          $1,000/ft²
          $1,500/ft²

          Unit 151 NW 164th St – Asking

          $1,308/ft²

          (+156%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $511/ft²
          Community $/Price Range (Closed) $213/ft² – $1308/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Biscayne Palms at North Miami Beach?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          North Miami Beach
          Mid-Tier Homes & Condos

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