Multifamily in Miami, FL 33125
Evanston Heights, 2126 NW Flagler Ter

$1.5M15.3%
$1,250,000
2,785
SqFt
Status
OFF MARKETExpired
Size
2,785 SqFt (259 m2)
Price
$449/SqFt ($4,831/m2)
Type
Multifamily
Built
1928
MLS Number
A11531479
On Site
946 Days
Updated
803 Days ago
Page Views
0
An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: Zoned
        Building and Construction
        • Floor Description: Laminate,Tile
        • Year Built: 1928
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-02-12T12:41:11.000-00:00
          Taxes, Fees & More
          • Taxes: 9945

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          Price History

          Current
          $1.3M
          High
          $1.5M
          Low
          $1.3M
          Total Change
          -15.3%
          $1.5M$1.4M$1.2MFeb 24Feb 24Apr 24Jul 24
          Date
          Event
          Price
          Change
          Price Per
          07/04/2024
          Price Reduced
          $1.3M
          -9.35%
          $449 ft2
          $4,831 m2
          04/15/2024
          Price Reduced
          $1.4M
          -1.15%
          $495 ft2
          $5,330 m2
          02/26/2024
          Price Reduced
          $1.4M
          -5.42%
          $501 ft2
          $5,392 m2
          02/11/2024
          Listed
          $1.5M
           
          $530 ft2
          $5,701 m2
          07/04/2024
          $1.3M
          Event
          Price Reduced
          Change
          -9.35%
          Price Per
          $449 ft2
          $4,831 m2
          04/15/2024
          $1.4M
          Event
          Price Reduced
          Change
          -1.15%
          Price Per
          $495 ft2
          $5,330 m2
          02/26/2024
          $1.4M
          Event
          Price Reduced
          Change
          -5.42%
          Price Per
          $501 ft2
          $5,392 m2
          02/11/2024
          $1.5M
          Event
          Listed
          Price Per
          $530 ft2
          $5,701 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alan Medone SparrowAWA Realty LLC • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          83

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          55

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          54

          100
          Sound Score®
          Very loud
          73

          100
          Airport Score
          Close to airports. Noticeable airport activity
          4

          100
          Traffic Score
          Congested area. Frequent traffic delays
          33

          100
          Local Score
          Limited local amenities nearby
          5

          100
          Community Snapshot
          $500K – $4.5M
          Price Tier
          966 - 13,530
          SqFt Range
          1937
          Year Build
          1
          Total Floors

          Subdivision Amenities

          Laundry

          Miami
          Premium
          Premium Homes & Condos