345 SW 9th Ave

    Miami, FL 33130
    • $790,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: A10693125
    UPDATED: 140 min ago
    $790,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    41
    Type:
    Commercial
    Built:
    1948
    County:
    Area:
    41

    School Ratings & Info

    Description

    Eleventrust is proud to present 345 Beach Holdings Group. 345 SW 9th Ave. is a (4) unit building located in Little Havana. 345 was built in 1948 with concrete foundation, window AC, chain link fence, flat roof for (1) story building and hip roof for (2) story building. The units in the building average about 500 Sq. Ft. for the one bedrooms and one bath while the two bedrooms average about 668 Sq. Ft. which equals 2,326 Sq. Ft. of rental space. The building sits on a 5,000 Sq. Ft. lot that is zoned T4-R. Currently the building is running on 4.78% cap rate so investor can invest 5k-10k per unit to bring the one bedrooms to $1,300 and $1,550 for the two bedrooms so while holding the investor can generate over a 6% cap rate.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-17T23:40:37.733.
    www.ewm.com/homes/96110089

    345 SW 9th Ave Miami, FL 33130

    • Price: $790,000
    • Status: Active
    • Updated: 140 min ago
    • MLS #: A10693125
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1948
    Built
    Neighborhood:
    41
    County:
    Miami-Dade
    Area:
    41
    Property Description
    Eleventrust is proud to present 345 Beach Holdings Group. 345 SW 9th Ave. is a (4) unit building located in Little Havana. 345 was built in 1948 with concrete foundation, window AC, chain link fence, flat roof for (1) story building and hip roof for (2) story building. The units in the building average about 500 Sq. Ft. for the one bedrooms and one bath while the two bedrooms average about 668 Sq. Ft. which equals 2,326 Sq. Ft. of rental space. The building sits on a 5,000 Sq. Ft. lot that is zoned T4-R. Currently the building is running on 4.78% cap rate so investor can invest 5k-10k per unit to bring the one bedrooms to $1,300 and $1,550 for the two bedrooms so while holding the investor can generate over a 6% cap rate.
    Exterior Features

    Construction Type Cbs Construction Num Loading Doors 0 Num Parking Spaces 0 Parking Description Street Parking Road Type Description One Way Roof Description Other Roof Waterfront Property Yn No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Tile Floors Heating Description Wall/Window Units Num Offices 0

    Property Features

    Approximate Lot Size 5000 Electric Service 101-200 Amps Fire Protection Smoke Detector Flood Zone Ae For Sale Yn Yes Information Available Investment AnalysisRent Rolls Insurance Expense 3800 Lease Term Info Month To Month Lease Location Of Property City Location Lot Frontage 100 Num Bays 0 Num Tenants 4 Ownership Corporation Property Description Multifamily Apartments Reo YN No Sale Includes Building & Land Sale Includes Incl Equipment Section 38 Security Information Fenced Sewer Description Public Sanitation Short Sale Yn No Style Of Property Income Non-Waterfront Tax Amount 7459 Tax Year 2018 Terms Considered All CashConventional/Refinance Typeof Property Income Water Description Public Water Year Built Description Resale

    Listing courtesy of Eleventrust Llc.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-17T23:40:37.733.
     
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