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Home61's Closings in
Shorecrest
Amenities
Key features
Living area
4,600 sqft
Maintenance
$ 0
Tax
$24,371 (2023)
Tenant Occupied
No
Parking Space
7
Floor #
0 / 1
Building
CAUSEWAY BAYFRONTS
On market
28 days
$ /sqft
$ 630
Type
apartment
Unit
-
Year Built
1956
Zip Code
33138
Ref./MLS ID
A11560973
DESCRIPTION
Fully updated and well-maintained 8-unit property on large 12,516 sf lot located in east shorecrest - unit breakdown: 2 2/1 units, 4 1/1 units, 2 studios; east of biscayne blvd, half a block to bay & ne 79 st. Solid income/ solid return - $220,800 goi, $173,260 noi, 6% cap rate. Upside in rents, t-5-r zoning allows building up to 5 stories - invest now for a solid return, land bank for future development. Safe, convenient location & tenant-friendly property (9 parking spaces, outdoor spaces for tenants) property is 100% occupied. Building completed it's 40 years recertification in 2016. All door and windows impact.
Data is provided by Miami Board of Realtors.
Public transportation
NE 79 St & N Bayshore Dr
L
1 mins
NE 79 St & NE 10 Av
L
3 mins
NE 79 St & NE 8 Ct
L
5 mins
NE 79 St & Pelican Harbor Dr
L
7 mins
Nearby School In Shorecrest
Data Provided by greatschools.org
Neighborhood
Shorecrest
- Shorecrest
Listed on April 08, 2024 by Jose Anzola from Keller Williams Elite Properties, this apartment is for sale. apartment for sale in Shorecrest listed at $2,900,000, Reference A11560973
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.