Sunset Acres, 5979 NW 37th St

Beds
5,508
SqFt
$699
$/SqFt
Mid-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

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          Price History

          Current
          $3.9M
          High
          $4.2M
          Low
          $3.9M
          Total Change
          -7.2%
          $4.2M$4M$3.8MOct 23May 24
          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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          Sunset Acres Communities in Virginia Gardens, FL