FOR SALE
12240 5th Ave
Miami-Dade County, BISCAYNE PARK ESTATES, North Miami, FL
FOR SALE
Asking
$1,900,000
BTC
29.636
ETH
602.22
Home Size
4,479 sq. ft.
Year Built
1951
Million-Dollar Neighborhood! Presenting an impeccable 8-unit multifamily apartment income property located in the vibrant City of North Miami, FL, in the heart of the Biscayne Park area. One of the unique features of this property is its value-add potential, as it has the right to build an additional up to 14 unit and add 6 units to the existing structure, plans available could significantly boost cash flow. Additionally, it has recently passed the 40-year certification, ensuring structural integrity. Many upgrades, including impact windows, have been carried out. Great opportunity SELLER FINANCE UP TO 30 %It is rented 25% below market value. Pro forma calculated by Miami Dade Housing 2024
LOADING
Location
Market Area
Miami-Dade County
Neighborhood
BISCAYNE PARK ESTATES
Agent
Nicolas Vicente
+1 310 910 1722