Closed

Miami No HOA, 1850 NW 24th Ct, Miami, FL 33125

1,475SqFt

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Details

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Status:
Sold - Nov 09, 2022
Size: 1,475 SqFt (137 m2)
Price: $353/SqFt ($3,795/m2)
Type: Multi Family
Built: 1955
MLS Number: A11251797
On Site: 1083 Days
Updated: 1007 Days ago
Page Views: 0
The curtis park triplex. Ideal for fix&flip, brrrr, or new development investors. built in 1955 featuring three 2-bed /1 bath units on a 6,345 sf lot. Zoning t3-o. Value-add opportunity, 2-story building, w/ample parking. Tenants on mth-to-mth lease plus other income generating $4,100/month. Property taxes $6,563/yr. while rented below market rates, this miami river asset has huge upside with rental growth, with year 1 cap rate projections over 8%, in a neighborhood that continues to be revitalized close to the miami river district and downtown miami.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1955
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-08-26T10:24:34.107-00:00
          Taxes, Fees & More
          • Taxes: 6447

          Price History

          09/29/2022

          Date

          Listed

          Event

          $520K

          Price

          $353 ft2 / $3,795 m2

          Price Per

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

          Listed by Juan SotolongoCompass Florida, LLC. • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $500/ft²

          Unit 1850 NW 24th Ct – Asking

          $353/ft²

          (+14%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $308/ft²
          Community $/Price Range (Closed) $260/ft² – $371/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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