Basic Information
- MLS # A10962297
- Type Commercial
- Status Sold
- Year Built 1984
- Total Size 37,590 Sq.Ft / 0.86 Acre
- Date Listed 11/24/2020
- Days on Market 128
Real Capital Partners is pleased to present 3079 NW 11th St. Miami, Fl. 33125. Great opportunity to purchase a multifamily investment property in a high demand rental area. The property consists of 6 two-story duplex structures with a total of 12 units. Most units are 3BR/2.5 BA and some have converted the living room to a fourth bedroom. The roofs are in good condition and the property has approximately 40 parking spaces. Tenants are all month to month but have resided long-term with some tenants as long as 20 years. The owner is offering financing 5.5% interest only with a minimum down payment of $l.4mm. The property is generating a 5.52% cap rate on current income. Upon increasing rents to $2,000 per unit, the cap rate will increase to 7.57%.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Assigned, Common
Interior Features
- Adjusted Sqft 0.86 AcreSq.Ft
- Sqft 0.86 Acre Sq.Ft
Property Features
- Aprox. Lot Size 37,590
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $29,074
- Tax Year 2020
3079 NW 11th St
Miami, FL 33125Similar Properties For Sale
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: Real Capital Partners LLC. tel:
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