Multifamily in Miami, FL 33138
Little River Gardens, 8262 NE 1st Ave

8,898
SqFt
Status
OFF MARKETExpired
Size
8,898 SqFt (827 m2)
Price
$326/SqFt ($3,508/m2)
Type
Multifamily
Built
1969
MLS Number
A11693310
On Site
670 Days
Updated
669 Days ago
Page Views
0
Prime investment opportunity! Situated in a vibrant and rapidly developing neighborhood, this 3-story, 12-unit building features a total of 21 bedrooms and 12 bathrooms, offering a mix of spacious living spaces. The property is fully rented, ensuring consistent income and an attractive cap rate (available upon request). Each unit is equipped with central AC, and a common laundry area on-site. The building has a newer roof. This up-and-coming area is experiencing significant growth, with new developments, trendy restaurants, and boutique shops popping up nearby. The area’s continued revitalization promises increasing property values and rental demand, making this an ideal time to invest in a property that’s positioned for long-term appreciation.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Laminate
        • Year Built: 1969
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-11-14T11:04:00.000-00:00
          Taxes, Fees & More
          • Taxes: 28732

          Apples-to-Apples Comparables

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

          Price History

          Date
          Event
          Price
          Change
          Price Per
          11/13/2024
          Listed
          $2.9M
           
          $326 ft2
          $3,508 m2
          11/13/2024
          $2.9M
          Event
          Listed
          Price Per
          $326 ft2
          $3,508 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Maria AchuryNexus International Realty • 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
          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