Closed

New Shenandoah, 1840 SW 22nd Ter, Miami, FL 33145

1,750,000(-14.29% )
$1,500,000Price
3,704SqFt

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Details

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Status:
Sold - Nov 08, 2023
Size: 3,704 SqFt (344 m2)
Price: $405/SqFt ($4,359/m2)
Type: Multi Family
Built: 1925
MLS Number: A11402485
On Site: 783 Days
Updated: 633 Days ago
Page Views: 0
Amazing investor income opportunity. Ideally located in a quiet single family neighborhood, just minutes from coconut grove, coral gables, key biscayne, mia, downtown & the beaches. 6 total rental units (5 of the 6 are updated) - all with impact windows, central ac & tile flooring. 4 of the apts. Are 1br/1ba with spacious living area + 2 additional studio apts w/ Kitchen. 5850 sf of land provides green space for the tenants or potential for future multi-family new construction (many new developments in the neighborhood). Building is well-maintained with partial roof replacement/ Renovation + has recently completed it’s 40 yr. Recertification. On site washer/dryer. Multiple parking spots for tenants + unlimited free street parking. Walk to shopping & restaurants on historic coral way.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir,Electric
        Building and Construction
        • Floor Description: Tile
        • Windows/Treatment: ImpactGlass
        • Year Built: 1925
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-13T11:28:25.000-00:00
          Taxes, Fees & More
          • Taxes: 13314

          Price History

          11/08/2023

          Date

          Sold

          Event

          $1.5M

          Price

          -14.29%

          Change Rate

          $405 ft2 / $4,359 m2

          Price Per

          08/01/2023

          Date

          Price Reduced

          Event

          $1.8M

          Price

          -7.89%

          Change Rate

          $472 ft2 / $5,086 m2

          Price Per

          06/12/2023

          Date

          Listed

          Event

          $1.9M

          Price

          $513 ft2 / $5,521 m2

          Price Per

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

          Listed by Rebeca CruzCompass Florida, LLC • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $300/ft²
          $600/ft²
          $900/ft²

          Unit 1840 SW 22nd Ter – Asking

          $405/ft²

          (-28%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $559/ft²
          Community $/Price Range (Closed) $100/ft² – $717/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.
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