Overview

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  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 5,898 ft2/547.94 m2
  • Price Per: $389.79 ft2/$4,195.70 m2
  • Type: Commercial/Investment
  • Built: 1918
  • HOA: No info
  • MLS Number: A11551329
  • View No info
  • On Site: 53 days
  • Updated: 6 Days Ago
  • Page Views: 0

Great income producing investment opportunity in Little Havana. 10 UNITS. Current annual gross income of $198,300.00. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Proforma gross income of $263,400. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Pro forma cap rate of 6.1%

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Price History

DateEventPriceChange RatePrice Per
03/16/2024Listed$2,299,000.00$389.79 ft2/$4,195.70 m2

Features

Property Details for 850 NW 2nd St, Miami, FL 33128

Commercial/Investment current status is Active, 850 NW 2nd St is a Commercial/Investment in , Miami, FL 33128 with property MLS ID# A11551329. This Commercial/Investment has been listed on Best of Luxury Realty since March 16, 2024 and is currently priced at 2,299,000. This property was built in 1918.
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Tracey Schmitt
Tracey Schmitt, Broker
Best of Luxury Realty
Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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This property is courtesy of the London Foster Realty. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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