Beds
3,955
SqFt
$455
$/SqFt
Premium MultifamilyProperty Type
1961Year Built
$455/SqFtPrice per sq ft
FourplexStyle
FenceExterior Features
Not your typical Fourplex! This unique property features 4 large houses situated on a huge 1-acre development site. Consisting of two folios, the addresses are 701, 711, 721, and 721a SW 6th St. Beyond being an amazing income-producing asset, this prime lot offers the potential to build 14 new townhouses. The property includes one 4 bed/2 bath house, two 3 bed/2 bath houses, and one 2 bed/1 bath house. Currently fully occupied, it generates a gross annual income of just under $100k, with upside to increase to $144k annually when rents are raised to market rates. Each house has plenty of parking and a large yard. Minutes away from Gulfstream Park, Aventura mall, Shopping Centers, and pristine beaches, this property offers both current income and future development opportunities.
Listing Courtesy Of: Fausto Commercial Realty Consultants Inc
Local Realty Services Provided By: Best of Luxury Realty
On Site: 860 DaysUpdated: 856 Days agoPage Views: 0

Features

MLS Number: A11610018
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: Central,WallFurnace
      • Cooling Description: CentralAir, WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile,Other
      • Year Built: 1961
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-06-20T01:28:10.000-00:00
        Taxes, Fees & More
        • Taxes: 25718

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        06/19/2024
        Listed
        $1.8M
         
        $455 ft2
        $4,899 m2
        06/19/2024
        $1.8M
        Event
        Listed
        Price Per
        $455 ft2
        $4,899 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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        Community Snapshot
        1 – 4 BR
        Bedrooms
        $420K – $8M
        Price Tier
        756 - 6,129
        SqFt Range
        1960
        Year Build
        1
        Total Floors

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