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

$1.3M7.6%
$1,199,995
3,203
SqFt
Status
OFF MARKETExpired
Size
3,203 SqFt (298 m2)
Price
$375/SqFt ($4,033/m2)
Type
Multifamily
Built
1937
MLS Number
A11459148
On Site
1065 Days
Updated
941 Days ago
Page Views
0
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.

Features

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 PhiliusCompass Florida, LLC. • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          80

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          59

          100
          Sound Score®
          Very loud
          71

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          37

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $450K – $1.1M
          Price Tier
          805 - 3,203
          SqFt Range
          1947
          Year Build
          2
          Total Floors

          Miami
          High-End
          High-End Homes & Condos