400 NW South River Dr, Miami FL 33128,Miami,Miami-Dade County,Commercial Sale

  • $2,999,999
Commercial Sale Active
400 NW South River Dr, Miami FL 33128
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  • Income/MultiFamily
  • Property Type
  • 1923
  • Year Built
Commercial Sale Active
400 NW South River Dr, Miami FL 33128,Miami,Miami-Dade County,Commercial Sale
400 NW South River Dr, Miami FL 33128
  • $2,999,999

Description

GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami’s hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.

Address

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  • Address South River Dr
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33128

Details

Updated on June 17, 2024 at 7:48 pm
  • Property ID: A11571371
  • Price: $2,999,999
  • Year Built: 1923
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

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