Owner & SellerHome ValuePricing
Near you
Finding buildings near you…
Counties
Broward County
Collier County
Lee County
Miami-Dade County
Palm Beach County
St. Lucie County

Multifamily in South Miami, FL 33143
Larkins Townsite, 6647 SW 59 Pl #

Share
Closed
$2,995,000
Estimate Payment $17,785Closing Costs
Beds
7,085
SqFt
$423
$/SqFt
Sold - Oct 11, 2022
Multifamily
Built in 1950
Fourplex
Investor dream! Fully remodeled 15-unit multi-family apartment building located in South Miami! Recent roof, 15 units 100% remodeled including plumbing, electrical panels/kitchens/appliances/AC, all impact windows and doors, electrical meter room 100% redone including all new wiring, coins Laundry with new washer and dryer, and much more, 40 certification granted in 2022! Two 2 bed/1bath units, One 2/2 unit, two 1bed/1bath units and 10 studio units. all units occupied! Individually metered and Income producing, current gross yearly rent rolls $242.000k$ actual cap rate 5.07%, net income $151,896 ! Pro forma rent rolls $289,000, pro format cap rate 6.07% pro format NOI $181,764! No financing contingency. Offering Memorandum on request.
MLS Number: A11266264
On Site: 1477 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Hardwood,Wood
        • Year Built: 1950
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-08-31T17:56:35.000-00:00
          Taxes, Fees & More
          • Taxes: 31686

          Apples-to-Apples Comparables

           Closest-Match Comparables
          See closest-match comps for this subdivision
            Unlock Access
          No obligation
          Verified
          Trends
          Insights
          Best of Luxury Realty
          Talk to a local advisor
          Licensed advisors answering your questions across South Miami, FL
          01
          Licensed Brokerage
          02
          Local Advisors
          03
          Direct Answers
          Exclusive real estate service partner

          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/31/2022
          Listed
          $3M
           
          $423 ft2
          $4,550 m2
          08/31/2022
          $3M
          Event
          Listed
          Price Per
          $423 ft2
          $4,550 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Eric Amsallem • Beachfront Realty Inc • Buyer Agency Compensation .

          Listing Location & Street View
          MapStreet View

          Peer Listings

          Active listings from matched communities
          Results 0 of 0
          No listings found
          Try adjusting your filters or changing your location to see available listings
          Turn on listing alerts and we'll notify you
          when matching listings appear

          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          89
          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          79
          100
          Sound Score®
          Bearable noise
          75
          100
          Airport Score
          Close to airports. Noticeable airport activity
          0
          100
          Traffic Score
          Congested area. Frequent traffic delays
          32
          100
          Local Score
          Limited local amenities nearby
          4
          100
          Community Snapshot
          714 - 7,085
          SqFt Range
          1953
          Year Build

          South Miami
          Premium
           Premium Homes & Condos

          Logo

          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.

          Company
          About Us
          Press Room
          Blog
          Contact Us
          Legal
          Privacy Policy
          Terms of Use
          DMCA Notice
          Accessibility
          Social Media
          Facebook
          Instagram
          LinkedIn
          Pinterest
          Copyright © 2026 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.
          HomeSearchOwner & SellerHome Value