Multifamily in Miami, FL 33138
Little River Gardens, 7525 NE Miami Ct

$1000K7%
$930,000
2,454
SqFt
Status
OFF MARKETExpired
Size
2,454 SqFt (228 m2)
Price
$379/SqFt ($4,079/m2)
Type
Multifamily
Built
1947
HOA
N/A
MLS Number
A11481781
On Site
1043 Days
Updated
945 Days ago
Page Views
0
Proud to present a strong multifamily asset located in the Little River Neighborhood. This 5 unit multifamily consists of 2 buildings with two spacious 2/1 and three studio apartments. Currently grossing $87,600 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units. Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Other
        • Year Built: 1947
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-11-06T16:01:08.000-00:00
          Taxes, Fees & More
          • Taxes: 7310

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          Price History

          Current
          $930K
          High
          $1000K
          Low
          $930K
          Total Change
          -7%
          $1M$965K$922KNov 23Jan 24Feb 24
          Date
          Event
          Price
          Change
          Price Per
          02/08/2024
          Price Reduced
          $930K
          -5.1%
          $379 ft2
          $4,079 m2
          01/03/2024
          Price Reduced
          $980K
          -2%
          $399 ft2
          $4,299 m2
          11/06/2023
          Listed
          $1000K
           
          $407 ft2
          $4,386 m2
          02/08/2024
          $930K
          Event
          Price Reduced
          Change
          -5.1%
          Price Per
          $379 ft2
          $4,079 m2
          01/03/2024
          $980K
          Event
          Price Reduced
          Change
          -2%
          Price Per
          $399 ft2
          $4,299 m2
          11/06/2023
          $1000K
          Event
          Listed
          Price Per
          $407 ft2
          $4,386 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Yonatan SunshineAPEX Capital Realty LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          75

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          50

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          67

          100
          Sound Score®
          Very loud
          73

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          36

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          Studio – 0 BR
          Bedrooms
          $465K – $1.3M
          Price Tier
          522 - 8,898
          SqFt Range
          1950
          Year Build
          1
          Total Floors

          Subdivision Amenities

          Laundry
          Maintenance

          Miami
          Entry-Level
          Entry-Level Homes & Condos