Multifamily in Brownsville, FL 33142
17th Avenue Manor, 1994 NW 47th Ter

$900K5.7%
$849,000
2,167
SqFt
Status
OFF MARKETExpired
Size
2,167 SqFt (201 m2)
Price
$392/SqFt ($4,217/m2)
Type
Multifamily
Built
1946
MLS Number
A11681510
On Site
692 Days
Updated
600 Days ago
Page Views
0
Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile,Terrazzo
        • Year Built: 1946
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-10-23T16:48:18.000-00:00
          Taxes, Fees & More
          • Taxes: 7262

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          Price History

          Current
          $849K
          High
          $900K
          Low
          $849K
          Total Change
          -5.7%
          $906K$875K$843KOct 24Jan 25
          Date
          Event
          Price
          Change
          Price Per
          01/06/2025
          Price Reduced
          $849K
          -5.67%
          $392 ft2
          $4,217 m2
          10/23/2024
          Listed
          $900K
           
          $415 ft2
          $4,471 m2
          01/06/2025
          $849K
          Event
          Price Reduced
          Change
          -5.67%
          Price Per
          $392 ft2
          $4,217 m2
          10/23/2024
          $900K
          Event
          Listed
          Price Per
          $415 ft2
          $4,471 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Ivan RabinovichKeller Williams Eagle Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          64

          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          48

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          4

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          3 – 3 BR
          Bedrooms
          $515K – $515K
          Price Tier
          720 - 2,648
          SqFt Range
          1939
          Year Build
          1
          Total Floors

          Brownsville
          Mid-Tier
          Mid-Tier Homes & Condos