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Key Details
Sold Price $850,000
Property Type Residential Income
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,524 sqft
Price per Sqft $336
Subdivision Lawrence Estate Land Co
MLS Listing ID A11480513
Style Fourplex
Year Built 1927
Annual Tax Amount $9,047
Tax Year 2023
Property Sub-Type Quadruplex
Property Description
We are pleased to offer this exceptional fourplex in vibrant Little Havana, appraised at $1,070,000 and making a GROSS INCOME of $86,400. This income-generating property consists of four individual units, each with its own entrance and separate electrical meter. The unit breakdown includes two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering versatility for tenants.
Each unit comes with two dedicated parking spaces, a rare find in the area. The property is zoned T5, allowing for potential redevelopment and expansion opportunities. With excellent access to major highways and located in one of Miami's most dynamic neighborhoods, this is a prime investment opportunity.
Location
State FL
County Miami-dade
Community Lawrence Estate Land Co
Area 41
Interior
Heating Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Real Estate Sales Force