Closed

Oceanside Isle Of Normandy, 6955 Rue Vendome, Miami Beach, FL 33141

1,750,000(-2.86% )
$1,700,000Price
3,552SqFt

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Details

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Status:
Sold - Apr 25, 2024
Size: 3,552 SqFt (330 m2)
Price: $479/SqFt ($5,152/m2)
Type: Multi Family
Built: 1936
MLS Number: A11453884
On Site: 684 Days
Updated: 461 Days ago
Page Views: 0
**best price 6-plex price $283k/door on normandy isles- call for offers discounted at 1.75m 6% cap **renovated 6-unit multifamily w/6 assigned parking spaces steps from units (huge renter demand) + 20% upside in existing rents & massive value add: in-place noi- $104,839; proforma gi is $240k capex- seller expended over $150k in last years including recent upgrades- i.e. Installing new plumbing/sewer line jan-2024 w/50-year warranty, two new ac units, renovations, landscaping, irrigation system, etc. Since listing. Owner delivering turnkey condition with no major capex required by new buyer (vs most area multifamilies on market)
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1936
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-09-16T10:28:29.000-00:00
          Taxes, Fees & More
          • Taxes: 15654

          Price History

          04/25/2024

          Date

          Sold

          Event

          $1.7M

          Price

          -2.86%

          Change Rate

          $479 ft2 / $5,152 m2

          Price Per

          04/01/2024

          Date

          Price Reduced

          Event

          $1.8M

          Price

          -2.78%

          Change Rate

          $493 ft2 / $5,303 m2

          Price Per

          03/16/2024

          Date

          Price Reduced

          Event

          $1.8M

          Price

          -2.7%

          Change Rate

          $507 ft2 / $5,455 m2

          Price Per

          02/12/2024

          Date

          Price Reduced

          Event

          $1.8M

          Price

          -1.34%

          Change Rate

          $521 ft2 / $5,606 m2

          Price Per

          11/10/2023

          Date

          Price Reduced

          Event

          $1.9M

          Price

          -8.54%

          Change Rate

          $528 ft2 / $5,682 m2

          Price Per

          09/15/2023

          Date

          Listed

          Event

          $2.1M

          Price

          $577 ft2 / $6,212 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Rainier S LeonReal Estate Sales Force • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $600/ft²
          $1,300/ft²
          $1,900/ft²

          Unit 6955 Rue Vendome – Asking

          $479/ft²

          (-11%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $536/ft²
          Community $/Price Range (Closed) $106/ft² – $1761/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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