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6411 SW 57th Pl
Out Of Market
Recommend
Out Of Market
10
Home61's Closings in
South Miami
Amenities
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
1565 days
$ /sqft
$ 381
Type
apartment
Unit
-
Year Built
1950
Zip Code
33143
Ref./MLS ID
A10797803
DESCRIPTION
A turnkey $ opportunity: large sfh 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 in-law quarters
— undervalued rents in highly desirable area
property is well maintained and has been upgraded: 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
Neighborhood
South Miami
- South Miami
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 © 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.