330 NE 70th Street

    Miami, FL 33138
    • $699,000
    • STATUS: Active Under Contract
    • ON SITE: 67 days
    • MLS #: A10719433
    Under Contract
    $699,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Unique turnkey six (6) unit multifamily investment opportunity in the Little River Business District. Excellent location blocks from Magic City Development, a mixed-use master planned community and walkable campus that will consist of over 200,000 SF of retail, office, residential, hotel, art, park and other public spaces. Six (6) fully occupied 1BD/1BA apartments with average monthly rents at $950; below market with ample room for growth. Attractive 7.5% cap, at effective gross income of ~$65k. Zoned D-2 Industrial allows for redevelopment with in-place income (from existing multifamily) throughout approval process. Close proximity to Biscayne Boulevard and I-95.

    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 2019-10-13T23:41:18.577.
    www.ewm.com/homes/97666776

    330 NE 70th Street Miami, FL 33138

    • Price: $699,000
    • Status: Active Under Contract
    • MLS #: A10719433
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1949
    Built
    County:
    Miami-Dade
    Property Description
    Unique turnkey six (6) unit multifamily investment opportunity in the Little River Business District. Excellent location blocks from Magic City Development, a mixed-use master planned community and walkable campus that will consist of over 200,000 SF of retail, office, residential, hotel, art, park and other public spaces. Six (6) fully occupied 1BD/1BA apartments with average monthly rents at $950; below market with ample room for growth. Attractive 7.5% cap, at effective gross income of ~$65k. Zoned D-2 Industrial allows for redevelopment with in-place income (from existing multifamily) throughout approval process. Close proximity to Biscayne Boulevard and I-95.
    Exterior Features

    Construction Materials Cbs Construction Lot Features Industrial Park Parking Features Common Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 2989 Stories Total 1

    Property Features

    Association YN No Business Type Apartments Horse YN No Internet Address Display YN No Internet Automated Valuation Display YN No Internet Entire Listing Display YN No New Construction YN No Senior Community YN No Special Listing Conditions Sale

    Listing courtesy of Hudson Capital Realty 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 2019-10-13T23:41:18.577.
     
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