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529 W Lucy St
Out Of Market
Recommend
Out Of Market
1
Home61's Closings in
Florida City
Amenities
Key features
Living area
1,824 sqft
Maintenance
$ 0
Tax
N/A
Tenant Occupied
No
Parking Space
5
Floor #
0 / 1
Building
WASHINGTON PARK
On market
1422 days
$ /sqft
$ 274
Type
apartment
Unit
-
Year Built
1961
Zip Code
33034
Ref./MLS ID
A10870846
DESCRIPTION
The building is sitting in the middle of 2 empty lot next to each side. There is a potential for expansion. The property has the potential of bringing in $5250 per month. There are 4 tenants currently living in the property. One is under section 8 for $1050 and the other 3 are cash payer. Even with the full price, there is a 10. 9% cap rate. The new roof was installed in january 2020. There is no rehab cost needed. The only expense is $30 for landscaping. Reserve very minimum maintenance since the building was fully remodeled in march 2020. It is now turning into a money making machine. Send me your offer or the seller will just keep collecting rent of $5250 per month. Seller expect to fill the last unit#4 by end of july.
Data is provided by Miami Board of Realtors.
Public transportation
SW 6 Av & Lucy St (SW 8 st)
35
1 mins
NW 6 Av & Lucy St (SW 8 st)
35
1 mins
Busway & SW 328 St
38
2 mins
NW 6 Av & NW 14 St
35
2 mins
Nearby School In Florida City
Data Provided by greatschools.org
Neighborhood
Florida City
- Florida City
Listed on June 05, 2020 by Evelyn Hsu from Z Luxury Group, this apartment is for sale. apartment for sale in Florida City listed at $499,000, Reference A10870846
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial 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.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial 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.