Basic Information

  • MLS # A11102760
  • Type Multi Family
  • Status Closed
  • Year Built 1961
  • Total Sqft 11,325
  • Date Listed 09/24/2021
  • Days on Market 200
Description

A rare find, an amazing eight unit building which is being fully remodeled. Owner spared no expense to make it perfect. All units have impact windows and doors, new roof was just installed, all units feature new kitchen cabinets, new bathroom cabinets, new plumbing, and new electrical. Each unit has its own electric meter. All units are tiled throughout. One assigned parking space per unit. All units are currently under lease contracts collecting $1100 each per month. Building brings a total of 8800 a month with a 5.8 % cap rate. Building is approximately 30 days from completion. A 40 year certification will be provided as well.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Assigned
  • Style Multi Family

Interior Features

  • Adjusted Sqft 11,325Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Ceramic Tile
  • Heating Description Window Unit, Wall Furnace
  • Sqft 11,325 Sq.Ft

Property Features

  • Address 14399 NE 5th Pl
  • Aprox. Lot Size 11,325
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $8,744
  • Tax Legal desc 19 52 42 .26 AC S84FT OF N359FT OF E1/2 OF SE1/4 OF SE1/4 OF NW1/4 LESS E167FT OR 16135-4883 1193 1
  • Tax Year 2020
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

14399 NE 5th Pl

North Miami, FL 33161

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial 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. Listing courtesy of: Earth Realty Group. tel: 786-663-6609

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