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

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Closed
$3,850,000
$300K
Estimate Payment $21,571Closing Costs
Beds
5,508
SqFt
$699
$/SqFt
Sold - May 22, 2024
Mid-Tier Multifamily
Built in 1965
$1/mo HOA
Fourplex
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
MLS Number: A11463374
On Site: 1099 Days
Updated: 40 Days ago
Page Views: 0

Features

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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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          46
          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          46
          100
          Sound Score®
          Very loud
          73
          100
          Airport Score
          Close to airports. Noticeable airport activity
          7
          100
          Traffic Score
          Congested area. Frequent traffic delays
          33
          100
          Local Score
          Limited local amenities nearby
          0
          100
          Community Snapshot
          840 - 5,508
          SqFt Range
          1971
          Year Build

          Subdivision Amenities

          Private Membership

          Virginia Gardens
          Mid-Tier
           Mid-Tier Homes & Condos

          Sunset Acres Communities in Virginia Gardens, FL

          Entry-Level
          Entry-Level 1
          Inactive Segment
          Inactive Segment 1

          Virginia Gardens, FL Price Range Segments

          Entry-Level
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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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