Multifamily in Miami, FL 33135
Idlewild Park, 1836 SW 1st St

$1.6M8.1%
$1,470,000
4,416
SqFt
Status
Sold - Aug 02, 2024
Size
4,416 SqFt (410 m2)
Price
$333/SqFt ($3,583/m2)
Type
Multifamily
Built
1951
MLS Number
A11553233
On Site
910 Days
Updated
18 Days ago
Page Views
0
Prime Miami Investment Opportunity: Unlock the potential of this legal 9-unit building in Little Havana's thriving market. Close to Brickell's financial hub and Marlins Park, enjoy Miami's best. Easy access to 836 highway. With zoning T6-8o, the possibilities are endless. Transform it into a lucrative Airbnb money maker or ideal Section 8 housing post improvements. Value add property needing TLC. Currently, rents are below market value, offering ample room for growth. Tenants are month-to-month, presenting flexibility for renovations. Property consists of a one 2/1 and 8 studio apartments that can be converted into one bedroom apartments. Sold “as is” and CASH ONLY. Showings will be scheduled after qualified offers are submitted. Please do not disturb the tenants.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1951
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-03-19T13:52:22.000-00:00
          Taxes, Fees & More
          • Taxes: 20120

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          Price History

          Current
          $1.5M
          High
          $1.6M
          Low
          $1.5M
          Total Change
          -8.1%
          $1.6M$1.5M$1.5MMar 24Aug 24
          Date
          Event
          Price
          Change
          Price Per
          08/02/2024
          Sold
          $1.5M
          -8.07%
          $333 ft2
          $3,583 m2
          03/19/2024
          Listed
          $1.6M
           
          $362 ft2
          $3,898 m2
          08/02/2024
          $1.5M
          Event
          Sold
          Change
          -8.07%
          Price Per
          $333 ft2
          $3,583 m2
          03/19/2024
          $1.6M
          Event
          Listed
          Price Per
          $362 ft2
          $3,898 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Selim HamadacheKeller Williams Capital Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          88

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          54

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          64

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          2

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          4

          100
          Community Snapshot
          $699K – $4M
          Price Tier
          530 - 9,615
          SqFt Range
          1932
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Laundry

          Miami
          Mid-Tier
          Mid-Tier Homes & Condos