Multifamily in Miami, FL 33138
Royal Palm Gardens, 8270 NE 1st Pl

2,910
SqFt
Status
Sold - Feb 15, 2021
Size
2,910 SqFt (270 m2)
Price
$275/SqFt ($2,959/m2)
Type
Multifamily
Built
1941
MLS Number
A10968667
On Site
2106 Days
Updated
18 Days ago
Page Views
0
Sale includes 8270 & 8280 NE 1 PL, Miami, FL 33138. LOCATED IN AN OPPORTUNITY ZONE. Interior showings only with an offer or LOI. Please do not disturb tenants. 5 units in the heart of Little River (Behind the Citadel Food Hall) on a 12,750 SF Corner lot Zoned T5. Future redevelopment opportunity to build up to 19 units on the lot by right. Updated interiors and exteriors Unit Mix: Four 1/1 + One 3/1. Buildings: One 2-story 4plex, and one single-family home (adjacent). Both properties must be purchased together. Generating $6,550/mo in gross rents ($78,600 annually) with very low operating expenses.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1941
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2020-12-08T20:38:11.000-00:00
          Taxes, Fees & More
          • Taxes: 6848

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          12/08/2020
          Listed
          $800K
           
          $275 ft2
          $2,959 m2
          12/08/2020
          $800K
          Event
          Listed
          Price Per
          $275 ft2
          $2,959 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Kristopher RodriguezSigma Real Estate & Investment • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          88

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          52

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          66

          100
          Sound Score®
          Very loud
          68

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          35

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          2 – 2 BR
          Bedrooms
          $785K – $870K
          Price Tier
          786 - 2,910
          SqFt Range
          1943
          Year Build

          Subdivision Amenities

          Laundry

          Miami
          High-End
          High-End Homes & Condos