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Investment opportunity. 5.2 Cap, Net $104K, GRM 12.52. (14) unit complex that consists of (2) two-story buildings that sit on adjacent parcels that total 0.49 acres with room for development adding a 4-plex in between. The first building unit mix is (6) 1bed/1baths, (2) 2bed/1baths and (2) studios. The second building is comprised of four (4) 1 bed/1bath units. This building also contains an oversized storage room that can potentially be converted an additional bedroom for one of the existing units or a completely separate unit. Both building roofs are brand new (2019), all new HVAC units on the roof with code compliant hurricane stands. Most units have been remodeled with brand new kitchens! Owners are out of state and are liquidating assets. Property needs, landscaping, paint.
Listed by Geoff Hardcastle, Florida Capital Realty

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2021 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on April 18, 2021

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