Closed

Brickell Riverview, 850 NW 2nd St Miami, FL 33128

$1,110,000Price
5,314SqFt

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Details

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Status:
Sold
Size: 5,314 ft2 / 494 m2
Price: $209 ft2 / $2,248 m2
Type: Multi Family
Built: 1918
MLS Number: A11295079
On Site: 928 Days
Updated: 829 Days ago
Page Views: 0
Fausto commercial presents a great opportunity to invest in east little havana. This property is in a very desirable pocket of little havana, riverview. Area is surrounded by future developments sites that will modernize the area. This property consist of 9 legal units. There is a single family house in the front of the property with 4 bedrooms and 2 bathrooms rented at $3,000 per month, behind that structure is a two story, block construction, 8 unit building. All units in the rear structure consist of 1 bedroom 1 bathroom units rented below market giving you immediate upside to increase income. It is fully occupied and each unit pays $1150. Great value add opportunity. Total monthly gross income $12,200

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

02/01/2023

Date

Sold

Event

$1.1M

Price

0.91%

Change Rate

$209 ft2 / $2,248 m2

Price Per

10/28/2022

Date

Listed

Event

$1.1M

Price

$207 ft2 / $2,228 m2

Price Per

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

Listed by Miguel FuentesFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$500/ft²
$800/ft²

Unit 850 NW 2nd St – Asking

$209/ft²

(-47%) from Closed Medium $/ft²

Closed Medium $/ft²

$395/ft²
Community $/Price Range (Closed) $214/ft² – $633/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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