$689,000
$689,000
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2,142 SqFt
SOLD DATE : 03/31/2025
Key Details
Sold Price $689,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,142 sqft
Price per Sqft $321
Subdivision Acme Gulfair
MLS Listing ID A11684660
Sold Date 03/31/25
Construction Status Effective Year Built
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,763
Tax Year 2023
Contingent No Contingencies
Property Sub-Type Triplex
Property Description
Welcome to an exceptional income-producing TRIPLEX located in a bustling commercial area, offering strong rental income potential and long-term value. Three distinct rental units. Situated in a high-traffic commercial zone, surrounded by businesses, restaurants, retail spaces, and public transport hubs, making it a prime spot for tenants seeking convenience. Market rates in this area suggest room for rent increases, presenting a strong growth opportunity. With ongoing development in the area, this property is positioned for value growth in addition to rental income. The property has 7 bedrooms in total. The commercial zoning allows for potential future redevelopment or mixed-use, adding to its investment flexibility, MULTIFAMILY 2-9 UNITS, 3 OR MORE UNITS Zoning:5700/DUPLEXES GENERAL.
Location
State FL
County Miami-dade
Community Acme Gulfair
Area 31
Direction GPS
Interior
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Exterior Feature Patio
Pool None
Utilities Available Cable Available
Roof Type Shingle
Porch Patio
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 30-31-03-014-0570
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Miami New Realty
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18001 Collins Ave, Sunny Isles Beach, FL, 33160-2722, USA