Owner & SellerHome ValuePricing

Multifamily in Miami, FL 33135
Idlewild Park, 1759 SW 4th St

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Closed
$475,000
Estimate Payment $3,012Closing Costs
Beds
2,144
SqFt
$222
$/SqFt
Mid-Tier MultifamilyProperty Type
1979Year Built
$222/SqFtPrice per sq ft
PatioExterior Features
REDUCED FOR A QUICK SALE! POSSIBLE 9-12% cap! Legal duplex, with separate meters, consisting of two 3/2s, currently rented at below market price of $1800 and $1750. (Leases end on November.) Each unit has a separate master unit with its own entrance, which could be rented separately. In that case the rent could be $1600+$1000+$1600+$1000=$5200. If you rent the 1/1s separately, the cash CAP becomes 7% and 19% 30 year annualized CAP with mortgage. Since you will own the property in 30 years, you should ad the increase of equity, and we call that the "30 year annualized CAP". If renting under section 8 their "Fair Market Rent" for Miami-Dade as of March 1, 2020 for a 3 bedroom is $2121.
Listing Courtesy Of: The Valenzuela Real Estate Group
Local Realty Services Provided By: Best of Luxury Realty
On Site: 2410 DaysUpdated: 70 Days agoPage Views: 0

Features

MLS Number: A10838522
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Patio, StormSecurityShutters
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1979
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2020-04-01T12:12:27.000-00:00
        Taxes, Fees & More
        • Taxes: 7322

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        04/20/2020
        Listed
        $475K
         
        $222 ft2
        $2,385 m2
        04/20/2020
        $475K
        Event
        Listed
        Price Per
        $222 ft2
        $2,385 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Laiz Escolar • The Valenzuela Real Estate Group • Buyer Agency Compensation .
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        Community Snapshot
        2 – 2 BR
        Bedrooms
        $390K – $4M
        Price Tier
        530 - 9,615
        SqFt Range
        1933
        Year Build
        2
        Total Floors

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        Laundry

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        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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