Property Attributes
- MLS#A11512740
- TypeIncome
- CountyMIAMI-DADE
- CityMiami
- Area31
- NeighborhoodPALM PARK AMD
- Zip33142
- StyleDuplex
- Year Built1951
- Taxes$ 4272
- Price$ 800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1080
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Free-standing mixed-use building duplex style, with two(2) electrical meters. Zoned T5-0, commercial-residential-light industrial, which may allow for high-density development of office, retail, residential warehouse/storage, hospitality use with building heights capped at 5 stories. The building features an open ground space on the first floor and a multiuse upstairs. Currently holds an excellent Cap rate, stable year-round tenants, 0% Vacancy.
Price History | |
---|---|
1/11/2024 | Listed $890,000 |
3/13/2024 | 11% - $800,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | Central,Electric |
Cooling | CentralAir,CeilingFans,Electric |
Utilities | CableAvailable |
Possession | CloseOfEscrow,Negotiable |
Roof | Concrete |
Exterior Features | Barbecue,Deck,Fence,Patio |
Patio/Porch Features | Deck,Patio |
Pool Features | None |
Construction Materials | Brick,Block |
Year Built | 1951 |
Stories | 2 |
Levels | Two |
Property SubType | Duplex |
Tax Year | 2023 |
County | Miami-Dade County |
Operating Expense | 22294.0 |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | PALM PARK AMD |
Garage Y/N | No |
Rent Includes | Electricity,HotWater,Sewer,TrashCollection,Water |
Status | Active |
City | Miami |
Buyer Agent Compensation | 1.5% |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | 6101 |
MLS Area | 31 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 54th St |
Listing Terms | Cash,Conventional,OwnerMayCarry |
Property Attached Y/N | No |
Year Built Details | Effective Year Built |
Land Lease Y/N | No |
Tax Annual Amount | 4272.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11512740 |
Days on Market | 88 |
Standard Status | Active |
Occupancy Description | CallAgent |
Total Actual Rent | 84600.0 |
Property Sub Type Additional | Duplex |
MobileHomeRemainsYN | No |
PostalCity | Miami |
Legal Description | 23 53 41 PALM PARK AMD PB 7-43 LOT 4 LESS ST BLK 2 LOT SIZE 50.000 X 90 OR 16329-0252 0494 4 |
Interior Features
Flooring | Concrete,Tile,Vinyl |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | Blinds |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Water Source | Public |
Total Parking | 12.0 |
Spa | No |
Building Area Total | 1080.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool