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    35 NE 59 Street

    Miami, FL 33137
    • $899,999
    • STATUS: Active
    • ON SITE: 53 Days
    • ID#: RX-10741840
    UPDATED: 42 min ago
    $899,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,367
      SQFT
    • $267
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    GREAT TURN KEY INVESTMENT WITH A CAP RATE 6%. IN A BOOMING AREA, CLOSE TO A SCHOOL, DESIGN DISTRICT AND BUENA VISTA NEIGHBORHOOD, THE BUILDING WAS RENOVED INTERIOR + ROOF IN DEC. 2014. MULTIFAMILY PROPERTY OF 4 UNITS (3X 2/1 AND 1X 2/1 WITH BALCONY) AND APPROXIMATELY 3,350 SQUARE FEET. LAND 5'100 SQUARE FEET - THE FRONT IS 2 UNITS AND THE BACK IS 2 UNITS THERE ARE NO VIOLATIONS. PROPERTY APPROVED FOR 6.5 CONDO UNITS. FABULOUS REDEVELOPEMENT OPPORTUNITY

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    www.thefabbrigroup.com/homes/120933050
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    35 NE 59 Street Miami, FL 33137

    • Price: $899,999
    • Status: Active
    • Updated: 42 min ago
    • ID#: RX-10741840
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,367
    SQFT
    $267
    $/SQFT
    1947
    Built
    Neighborhood:
    Rockmoor Villa Tr
    County:
    Miami-Dade
    Area:
    Miami
    Property Description
    GREAT TURN KEY INVESTMENT WITH A CAP RATE 6%. IN A BOOMING AREA, CLOSE TO A SCHOOL, DESIGN DISTRICT AND BUENA VISTA NEIGHBORHOOD, THE BUILDING WAS RENOVED INTERIOR + ROOF IN DEC. 2014. MULTIFAMILY PROPERTY OF 4 UNITS (3X 2/1 AND 1X 2/1 WITH BALCONY) AND APPROXIMATELY 3,350 SQUARE FEET. LAND 5'100 SQUARE FEET - THE FRONT IS 2 UNITS AND THE BACK IS 2 UNITS THERE ARE NO VIOLATIONS. PROPERTY APPROVED FOR 6.5 CONDO UNITS. FABULOUS REDEVELOPEMENT OPPORTUNITY
    Exterior Features

    Carport Spaces 0.00 Construction BlockConcrete Exterior Features Auto SprinklerCovered BalconyFenceFruit Tree(S) Lot Description < 1/4 Acre Lot Dimensions 50X 102 Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Water Frontage 0 Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Other Heating Window/Wall Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 870 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterKitchenRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 870 Unit3 Bedrooms 2 Unit3 Desc A/C UnitKitchenRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Half Baths 0 Unit3 Sq Ft 870 Unit4 Bedrooms 2 Unit4 Desc A/C UnitKitchenRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Half Baths 0 Unit4 Sq Ft 870

    Property Features

    Annual Net Operating Income 45000.00 Annual Total Expenses 15000.00 Available Info NoneOther Built Desc Resale Gross Operating Income 61300.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Quad Plex REO No Restrictions Interview Required Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Accountant Special Assessment No Sq Ft Total 3367.00 Subdivision Amenities Picnic Area Tax Amount 9566.00 Tax Year 2020 Taxes No Homestead Tenant Pays Electric Terms Considered Cash Unit1 Monthly Income 1200.00 Unit2 Monthly Income 1300.00 Unit3 Monthly Income 1350.00 Unit4 Monthly Income 1200.00 Utilities Public Sewer Zoning 39/MULTI

    Listing provided courtesy of Partnership Realty Inc.. Listing information © 2021 BeachesMLS
     
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