Property Description
Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.
Features
- Cooling System
- Parking Features
- Roof
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- North Miami
- Zipcode:
- 33161
- Street:
- 12195 Ne 11th Pl, North Miami, Florida 33161
- Longitude:
- W81° 49' 31.9''
- Latitude:
- N25° 53' 16.5''
MLS Addon
- Building Area:
- 3,502 Sqft
- Construction Materials
- DOM:
- 1
- Electric
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 06-22-29-031-0470
- Structure Type:
- Apartment
- Tax Annual Amount:
- $19,827
- Virtual Tour:
- Click Here
Commercial Sale For Sale
12195 Ne 11th Pl, North Miami, Florida 33161, North Miami, Florida 33161
6,750 Sqft
$1,050,000
MLS # #A12119821
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,050,000
- Year Built :
- 1959
- Lot Area :
- 6,750 Sqft
- MLS # :
- A12119821
