6411 SW 57th Pl

$417,000

0 Bed 0 Bath 1,094 sqft
6411 SW 57th Pl South Miami

10

Home61's Closings in

South Miami

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
1,094 sqft
Maintenance
$ 0
Tax
$4,773 (2019)
Tenant Occupied
No
Parking Space
4
Floor #
0 / 1
Building
UNIVERSITY PARK
On market
14 days
$ /sqft
$ 381
Type
apartment
Unit
-
Year Built
1950
Zip Code
33143
Ref./MLS ID
A10797803

DESCRIPTION

A turnkey opportunity: duplex available in the well-located south miami / coral gables sub-market.  Prime location for potential student housing income — across the street from university of miami — in-place cap rate of 6.  5% in area where properties are trading below 5% — unit mix: 2/1 main house & detached efficiency unit — undervalued rents in highly desirable area property is well maintained and has been upgraded: new floors, bathrooms all new, new appliances, and grounds regularly maintained.  Solid roof, cbs construction.  Upside exists in bringing rents up to market rate, adding coin laundry to boost noi, & add add'l room to main house — thus increasing value/equity for new owner.  Its superb location makes it highly desirable to prospective renters


Data is provided by Miami Board of Realtors.

Public transportation

South Miami
Green line
Orange line
7 mins
SW 57 Av & Brescia Av
57
1 mins
SW 57 Av & SW 64 St
57
1 mins
SW 57 Av & SW 66 St
57
2 mins

Nearby School In South Miami

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
Somerset Academy Charter Middle School South Miami Campus
6-8
0.3 miles
10
Somerset Academy Elementary School South Miami Campus
K-5
0.3 miles
10
International Studies Preparatory Academy
9-12
0.3 miles
10
South Miami Middle School
6-8
1 miles
Listed on January 14, 2020 by Xavier Gonzalez from New Wave Realty, LLC., this apartment is for sale. apartment for sale in South Miami listed at $417,000, Reference A10797803

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 © 2020 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.