Miami, FL 33150,584 NW 65th St
Miami, FL 33150,584 NW 65th St
Miami, FL 33150,584 NW 65th St
Miami, FL 33150,584 NW 65th St
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$ 2,750,000
Est. payment | /mo

8,340 SqFt


$ 2,750,000
Est. payment | /mo

8,340 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,340 sqft

Price per Sqft $329

Subdivision Forest Park

MLS Listing ID A11714783

Construction Status Unknown

HOA Y/N No

Year Built 1968

Annual Tax Amount $32,172

Tax Year 2024

Property Sub-Type Triplex

Property 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

State FL

County Miami-dade

Community Forest Park

Area 30

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 16

Private Pool No

Building

Lot Description <1 Acre

Story 2

Sewer Other

Level or Stories Two

Structure Type Other

Construction Status Unknown

Others

Tax ID 01-31-13-025-0200

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11714783

Listed by Gridline Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 914-6339

denice.landaeta@dluxuss.com

2690 Weston Rd Suite #101, Weston, Florida, 33331, USA

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584 NW 65th St