Owner & SellerHome ValuePricing

Multifamily in Miami, FL 33127
College Park, 442 NW 59th Ter

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OFF MARKET
$1,199,995
$100K
Estimate Payment $6,647Closing Costs
Beds
3,203
SqFt
$375
$/SqFt
Mid-Tier MultifamilyProperty Type
1937Year Built
$375/SqFtPrice per sq ft
FourplexStyle
Updated 5-plex situated on a 11,600sf double lot zoned T3-0. Pro-forma 8.29% cap rate by increasing rents to market. All tenants are month to month. Property has (3) separate structures providing 3,203sf of living area. Three units are 2/1's and two are 1/1's. New upgrades include roof, hurricane-impact windows, plumbing, kitchen, floors and bathrooms. Little Haiti has an exciting future located minutes from Wynwood with major new projects like the Innovation District and plans to redevelop 65-acres into 5,000 workforce housing. Please DO NOT disturb tenants. Showing request approved after an offer is presented.
Listing Courtesy Of: Compass Florida, LLC.
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1111 DaysUpdated: 988 Days agoPage Views: 0

Features

MLS Number: A11459148
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: CeramicTile,Other
        • Year Built: 1937
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-10-16T14:26:17.000-00:00
          Taxes, Fees & More
          • Taxes: 6951

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -7.6%
          $1.3M$1.2M$1.2MSep 23Dec 23Feb 24
          Date
          Event
          Price
          Change
          Price Per
          02/16/2024
          Price Reduced
          $1.2M
          -4%
          $375 ft2
          $4,033 m2
          12/06/2023
          Price Reduced
          $1.3M
          -3.77%
          $390 ft2
          $4,201 m2
          09/26/2023
          Listed
          $1.3M
           
          $406 ft2
          $4,365 m2
          02/16/2024
          $1.2M
          Event
          Price Reduced
          Change
          -4%
          Price Per
          $375 ft2
          $4,033 m2
          12/06/2023
          $1.3M
          Event
          Price Reduced
          Change
          -3.77%
          Price Per
          $390 ft2
          $4,201 m2
          09/26/2023
          $1.3M
          Event
          Listed
          Price Per
          $406 ft2
          $4,365 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alexandra Philius • Compass Florida, LLC. • Buyer Agency Compensation .
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          Community Snapshot
          4 – 4 BR
          Bedrooms
          $290K – $1.1M
          Price Tier
          805 - 3,203
          SqFt Range
          1947
          Year Build
          2
          Total Floors

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