Multifamily in Miami, FL 33142
Melrose Heights, 2611 NW 32nd St

4,506
SqFt
Status
OFF MARKETExpired
Size
4,506 SqFt (419 m2)
Price
$421/SqFt ($4,527/m2)
Type
Multifamily
Built
1983
MLS Number
A11448726
On Site
1104 Days
Updated
1103 Days ago
Page Views
0
Don't miss out on this rare investment opportunity! This property boasts a spacious 6,700 sqft lot with 6-unit multifamily building located in the central Allapattah neighborhood. All units are 2 beds, 1 bath and currently occupied, with rental rates skyrocketing due to the high demand in the area. The building has recently undergone a complete renovation and offers 6 parking spaces, hurricane impact doors and windows, central air conditioning in each unit, a newly installed revenue-generating coin-operated laundry facility, new railings and fence with an electrical gate. The property is equipped with a 24-hour security camera system. The 40-year recertification completed in 2023, ensuring compliance with all necessary regulations. 6.5-7% CAP Rate.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1983
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-09-07T10:05:02.000-00:00
          Taxes, Fees & More
          • Taxes: 15287

          Apples-to-Apples Comparables

           Closest-Match Comparables
          See closest-match comps for this subdivision
          No obligation
          Verified
          Trends
          Insights
          Best of Luxury Realty
          Talk to a local advisor
          Licensed advisors answering your questions across Miami, FL
          01
          Licensed Brokerage
          02
          Local Advisors
          03
          Direct Answers
          Exclusive real estate service partner

          Price History

          Date
          Event
          Price
          Change
          Price Per
          09/07/2023
          Listed
          $1.9M
           
          $421 ft2
          $4,527 m2
          09/07/2023
          $1.9M
          Event
          Listed
          Price Per
          $421 ft2
          $4,527 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Luca AngiolottiBeachfront Realty Inc • Buyer Agency Compensation .

          Listing Location & Street View
          MapStreet View

          Peer Listings

          Active listings from matched communities
          Results 0 of 0
          No listings found
          Try adjusting your filters or changing your location to see available listings
          Turn on listing alerts and we'll notify you
          when matching listings appear

          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          72

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          56

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          53

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          8

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          $550K – $565K
          Price Tier
          600 - 4,506
          SqFt Range
          1949
          Year Build

          Miami
          Premium
          Premium Homes & Condos