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

$515K17.5%
$425,000
1,551
SqFt
Status
Sold - Dec 31, 2023
Size
1,551 SqFt (144 m2)
Price
$274/SqFt ($2,950/m2)
Type
Multifamily
Built
1960
MLS Number
A11464666
On Site
1075 Days
Updated
18 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

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        Price History

        Current
        $425K
        High
        $515K
        Low
        $425K
        Total Change
        -17.5%
        $526K$470K$414KOct 23Dec 23
        Date
        Event
        Price
        Change
        Price Per
        12/31/2023
        Sold
        $425K
        -17.48%
        $274 ft2
        $2,950 m2
        10/05/2023
        Listed
        $515K
         
        $332 ft2
        $3,574 m2
        12/31/2023
        $425K
        Event
        Sold
        Change
        -17.48%
        Price Per
        $274 ft2
        $2,950 m2
        10/05/2023
        $515K
        Event
        Listed
        Price Per
        $332 ft2
        $3,574 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Shaka LeeMAC Miami Realty Group, LLC. • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        83

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

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        66

        100
        Sound Score®
        Very loud
        73

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        34

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        $720K – $720K
        Price Tier
        1,551 - 1,666
        SqFt Range
        1960
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Miami
        Mid-Tier
        Mid-Tier Homes & Condos