Multifamily in Virginia Gardens, FL 33166Sunset Acres, 5979 NW 37th St
Closed

Beds
5,508
SqFt$699
$/SqFtMid-Tier MultifamilyProperty Type
1965Year Built
$699/SqFtPrice per sq ft
$1/moHOA Fees
FourplexStyle
12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390’ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100’ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos
Listing Courtesy Of: Lokation
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1119 DaysUpdated: 60 Days agoPage Views: 0
Features
MLS Number: A11463374
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile,Other
- Year Built: 1965
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-10-03T18:15:23.000-00:00
Taxes, Fees & More
- Taxes: 25228
Apples-to-Apples Comparables
Price History
Current
$3.9M
High
$4.2M
Low
$3.9M
Total Change
-7.2%Date
Event
Price
Change
Price Per
05/22/2024
Sold
$3.9M
-7.23%$699 ft2
$7,524 m2
10/03/2023
Listed
$4.2M
$753 ft2
$8,110 m2
05/22/2024
$3.9M
Event
Sold
Change
-7.23%Price Per
$699 ft2
$7,524 m2
10/03/2023
$4.2M
Event
Listed
Price Per
$753 ft2
$8,110 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Beatriz Acosta-Rubio • Lokation • Buyer Agency Compensation .
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Community Snapshot
840 - 5,508
SqFt Range
1971
Year Build
Subdivision Amenities
Private Membership
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Entry-Level
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Sunset Acres Communities in Virginia Gardens, FL
Entry-Level
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