Basic Information
- MLS # A11714783
- Type Triplex
- Status Closed
- Subdivision/Complex FOREST PARK
- Year Built 1968
- Total Sqft 8,340
- Date Listed 12/27/2024
- Days on Market 94
This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Other
- Parking Description
- Style Triplex
Interior Features
- Adjusted Sqft 8,340Sq.Ft
- Cooling Description Other
- Floor Description Other
- Heating Description Other
- Sqft 8,340 Sq.Ft
Property Features
- Address 584 NW 65th St
- Aprox. Lot Size 8,340
- Construction Materials Other
- Furnished Info no
- Listing Terms Other
- HOA Fees $0
- Subdivision Complex
- Subdivision Info FOREST PARK
- Tax Amount $32,172
- Tax Legal desc FOREST PARK PB 4-194 LOT 6 BLK 2 LOT SIZE 50.000 X 143 COC 24796-3162 07 2006 2
- Tax Year 2024
- Terms Considered Other
- Type of Property Triplex
584 NW 65th St
Miami, FL 33150Similar Properties For Sale
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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: Gridline Properties. tel: 786-325-5647
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