1808 SW 3rd St, Miami FL 33135
$1,399,999
$351.05/Sq Ft
- N/A Beds
- N/A Baths
- N/A Parking
- 3988 ft²
Description
Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6x1/1 apartments and 1 convenience store. Gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5x1/1 paying $1300 and 1x1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.
Marvel Avellanet
Real Estate Broker
Estimate Payments
Technical Summary
| Price | $1,399,999 |
|---|---|
| Beds | N/A |
| Baths | N/A |
| Area | 3988 ft² |