Closed

Norris Park, 1931 NW 1st Ter, Miami, FL 33125

1,512SqFt

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Details

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Status:
Sold - Sep 13, 2022
Size: 1,512 SqFt (140 m2)
Price: $367/SqFt ($3,951/m2)
Type: Multi Family
Built: 1956
MLS Number: A11250716
On Site: 1107 Days
Updated: 1065 Days ago
Page Views: 0
Updated building with upside in the red-hot little havana market. Originally constructed in 1956 and recently renovated in 2022. Great opportunity for both owner users and investors. This duplex has been renovated, with all new flooring, impact windows and doors, new kitchen cabinets with quartz countertops and new stainless-steel appliances. This building is poised for years of maintenance free headaches. Within close proximity to brickell, downtown miami and wynwood providing easy access to all parts of the city. This opportunity provides an investor or owner user to own an easily manageable property with a good unit mix in a strong rental market poised for long term growth work horse with a proforma cap rate of 7.8%
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: HeatPump
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1956
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-08-02T16:18:26.700-00:00
          Taxes, Fees & More
          • Taxes: 4849

          Price History

          08/02/2022

          Date

          Listed

          Event

          $555K

          Price

          $367 ft2 / $3,951 m2

          Price Per

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

          Listed by Leonardo Delgado, Jr.Resivest Realty LLC • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $300/ft²
          $500/ft²

          Unit 1931 NW 1st Ter – Asking

          $367/ft²

          (+23%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $298/ft²
          Community $/Price Range (Closed) $254/ft² – $370/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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