Address
5510 NE 1st Ct, Miami, FL
Price
$ 875,000
Property Attributes
  • MLS#A11577568
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMiami
  • Area31
  • NeighborhoodTRANQUILLA
  • Zip33137
  • StyleFourplex
  • Year Built1956
  • Taxes$ 7147
  • Price$ 875,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2176
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Welcome to this fantastic investment opportunity in the heart of an up-and-coming neighborhood! This 4-plex holds incredible potential for savvy investors willing to put in a little TLC. With some strategic renovations, you can maximize its income potential and watch your profits soar. Don't miss out on a chance to be part of the growth in this promising area. Act now and turn this property into a cash flow machine! Or redevelop T4-R zoning (Multifamily 2-9 units).

Price History
4/29/2024 Listed $875,000

General Features

Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1956
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Miami-Dade County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name TRANQUILLA
Garage Y/N No
Rent Includes Gardener,Sewer,TrashCollection,Water
Special Listing Conditions ListedAsIs
Status Active
Directions NE 54 St to NE 1st CT north to property on left
City Miami
Buyer Agent Compensation 2.5%
Disclosures OwnerIsListingAgent
View Y/N No
Senior Community Y/N No
Zoning Description 3900
MLS Area 31
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 1st Ct
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 7147.0
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/A11577568
Days on Market 2
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Miami
Legal Description TRANQUILLA PB 4-55 LOT 4 LESS E5FT BLK 2 LOT SIZE 47.500 X 128 OR 17933-1122 1297 1 COC 22271-1701 04 2004 1

Interior Features

Flooring Tile
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Water Source Public
Total Parking 5.0
Spa No
Building Area Total 2176.0
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

Property vs Income Average in 33137

Price
AVG $1.43M
$880K
Taxes
AVG $9,637
$7,147
Visits
AVG 118
41
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1956

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