Basic Information

  • MLS # A11242668
  • Type Multi Family
  • Status Closed
  • Year Built 1930
  • Total Sqft 5,600
  • Date Listed 08/19/2022
  • Days on Market 269
Description

13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Completely occupied. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Assigned
  • Style Multi Family

Interior Features

  • Adjusted Sqft 5,600Sq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Heating Description Central
  • Sqft 5,600 Sq.Ft

Property Features

  • Address 2385 SW 17th St
  • Aprox. Lot Size 5,600
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, Owner May Carry
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $6,186
  • Tax Legal desc VEDADO PB 10-19 LOT 14 LOT 14A BLK 3 AND S3FT OF LOT 11 LOT SIZE 50.000 X 112 COC 26162-2299 02/08 /26202-0983
  • Tax Year 0
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Multi Family

2385 SW 17th St

Miami, FL 33145

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty. tel: 305-662-7325

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