Ideal 4plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by city of miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to city (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Suleman Jivani • Florida Bankers Realty, Inc. • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$200/ft²
$400/ft²
$700/ft²
$1,000/ft²
Unit – Asking
$369/ft²
(-57%) from Closed Medium $/ft²
Closed Medium $/ft²
$860/ft²
Community $/Price Range (Closed) $860/ft² – $860/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.
THINKING OF SELLING IN Palm Grove at Miami?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.