Closed

Vedado, 2385 SW 17th St, Miami, FL 33145

950,000(-4.21% )
$910,000Price
2,307SqFt

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Details

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Status:
Sold - May 15, 2023
Size: 2,307 SqFt (214 m2)
Price: $394/SqFt ($4,246/m2)
Type: Multi Family
Built: 1930
HOA: N/A
MLS Number: A11246376
On Site: 1099 Days
Updated: 806 Days ago
Page Views: 0
13% cap rate with airbnb or 7% with current annual leases! Buyer can be cash or financing only!! Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. Check comps, no better deal under $1m anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, Barbecue, Fence, FruitTrees, Lighting, Porch
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, WallWindowUnits
      Building and Construction
      • Floor Description: Carpet,Other,Tile
      • Windows/Treatment: Blinds
      • Year Built: 1930
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2022-07-27T14:38:48.000-00:00
        Taxes, Fees & More
        • Taxes: 6186

        Price History

        05/15/2023

        Date

        Sold

        Event

        $910K

        Price

        -4.21%

        Change Rate

        $394 ft2 / $4,246 m2

        Price Per

        11/07/2022

        Date

        Listed

        Event

        $950K

        Price

        $412 ft2 / $4,433 m2

        Price Per

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

        Listed by Ricky KallabatKeller Williams Capital Realty • Buyer Agency Compensation .

        Instant Comps

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

        Unit 2385 SW 17th St – Asking

        $394/ft²

        (-21%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $500/ft²
        Community $/Price Range (Closed) $246/ft² – $751/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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