Address
16041-16031 NE 18th Pl North Miami Beach, FL
Price
$ 1,399,700
Property Attributes
  • MLS#A10997096
  • TypeIncome
  • CountyMIAMI-DADE
  • CityNorth Miami Beach
  • Area22
  • NeighborhoodFULFORD HEIGHTS
  • Zip33162
  • StyleFourplex
  • Year Built1957
  • Taxes7700
  • Price$ 1,399,700
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5676
Listing Provided Courtesy Of:
Home Wiz USA
Data Source:
Southeast Florida MLS SEFMLS
Property Description

Very well located 9 unit multifamily, close to major roads such as 95, 826, 163, Biscayne, Collins, shopping plazas, providing a large pool of workforce that keeps the vacancy very low. New Roofs on both buildings, 6 out of 9 units are remodeled. Take advantage of the low market interest rates, great cash on cash deal! Buildings Net Rent Income is $90,550 YTD, Yields 6% if paid in cash, Over 8% with financing. Do not disturbed the tenants (Financials Attached)

Price History
2/10/2021 Listed $1,449,000
3/1/2021 4% - $1,399,700

General Features

Architectural Style Fourplex
Cooling CentralAir, CeilingFans, Electric
Flooring Other
Heating Central, Electric
Levels One
MLS Area 22
Pool Features None
Property SubType Quadruplex
Property Type ResidentialIncome
Rent Includes HotWater
Roof Shingle
Sewer PublicSewer
Terms Cash, Conventional, Item1031Exchange
Year Built Details Resale
Zoning Description 3800

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Living Area 5676.0

Exterior Features

Building Area Total 5676.0
Covered Spaces 0.0
Lot Features Item14Acre
Lot Size Units SquareFeet
Total Parking 9.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33162

Price
AVG $760K
$1.4M
Taxes
AVG $6,894
$7,700
Visits
AVG 58
23
Year Built
AVG 1967
1957
Walkscore
AVG 72
81
Data Provided by Walkscore ® not using MLS data

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