Sunset Acres, 5979 NW 37th St

1
Acre
Status
OFF MARKETExpired
Size
1 Acres (4,047 m2)
Price
$4,150,000/Acre ($1,025/m2)
Type
Land
MLS Number
A11463526
On Site
1077 Days
Updated
868 Days ago
Page Views
0
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

Features

All features
  • Current Use: Other
  • Property SqFt: 43560
  • Remarks: 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
  • REO: CorporateListing
  • Internet Remarks: 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
  • Waterfront: No info
  • Days on Market: 148
  • Compass Point: NW
  • Office Name: Lokation
  • Area: 43560
  • Taxes: 25228
  • Tax Year: 2022
  • Listing Date: 2023-10-03T22:52:44.000-00:00
  • Lot Size Square Feet: 43560

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Price History

Date
Event
Price
Change
Price Per
10/03/2023
Listed
$4.2M
 
$95 ft2
$1,025 m2
10/03/2023
$4.2M
Event
Listed
Price Per
$95 ft2
$1,025 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Beatriz Acosta-RubioLokation • 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