584 NW 65th St, Miami FL 33150

584 65th St, Miami, FL, 33150
$2,750,000

Basics

Date added Added 1 month ago Category Type Status
Area, sq ft 8340 sq ft Lot size, sq ft 0 sq ft Year built 1968 SubdivisionName FOREST PARK
ListOfficeName Gridline Properties ListAOR Miami Association of REALTORS® RentIncludes None MLS ID A11714783

Description

  • Description:

    This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building.
    The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.

Location

  • CountyOrParish: Miami-Dade County

Building Details

  • Cooling features: Other
  • ArchitecturalStyle: Other
  • ParkingTotal: 16
  • NewConstructionYN: No
  • Building Name: FOREST PARK
  • Exterior material:
  • Roof:
  • Heating: Other

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: Yes
  • PoolPrivateYN: No
  • FireplaceYN: No

Ask an Agent About This Home

I agree to the Terms of Use and Privacy Policy
[elementor-template id="17912"]
This style property is located in Miami is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $2,750,000. It has bedrooms, bathrooms, and is 8340 sq ft. The property was built in 1968 year.

Share this property

Copy

Or share with

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Get started with your account

to save your favourite homes and more

I agree to the Terms of Use and Privacy Policy