Closed

Floree, 5517 NW 1st Pl, Miami, FL 33127

515,000(-17.48% )
$425,000
Estimate Payment
1,551SqFt

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Details

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Status:
Sold - Dec 31, 2023
Size: 1,551 SqFt (144 m2)
Price: $274/SqFt ($2,950/m2)
Type: Multi Family
Built: 1960
MLS Number: A11464666
On Site: 678 Days
Updated: 551 Days ago
Page Views: 0
Welcome to this incredible investment opportunity in the heart of midtown miami! This spacious 2 bedroom, 2 bath duplex on each side offers an ideal canvas for an investor seeking a fix and flip venture. With two electrical meters, the potential to transform each unit into a highly desirable living space is within reach. Once renovated, each unit has the potential to fetch a monthly rental income of at least $2,250, making this a lucrative prospect for any savvy investor. Don't miss out on this chance to unlock the full potential of this midtown miami duplex!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Porch,Patio
      Interior, Heating and Cooling
      • Heating Description: Other
      • Cooling Description: WallWindowUnits
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1960
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-10-05T18:10:53.000-00:00
        Taxes, Fees & More
        • Taxes: 4040

        Price History

        12/31/2023

        Date

        Sold

        Event

        $425K

        Price

        -17.48%

        Change Rate

        $274 ft2 / $2,950 m2

        Price Per

        10/05/2023

        Date

        Listed

        Event

        $515K

        Price

        $332 ft2 / $3,574 m2

        Price Per

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

        Listed by Shaka Lee • MAC Miami Realty Group, LLC. • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $200/ft²
        $300/ft²
        $500/ft²

        Unit 5517 NW 1st Pl – Asking

        $274/ft²

        (-23%) from Closed Avg. $/ft²

        Closed Avg. $/ft²

        $354/ft²
        Community $/Price Range (Closed) $354/ft² – $354/ft²
        UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
        # null2/41,666$354$590,00010/28/2024
        Unit: # null
        Bed/Bath: 2/4Size SqFt: 1,666$/SqFt: $354Sold: $590,000Closed Date: 10/28/2024
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