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6955 Rue Vendome (6-Plex), Miami Beach, FL 33141
$1,700,000
6955 Rue Vendome (6-Plex), Miami Beach, FL 33141View this property at 6955 Rue Vendome (6-Plex), Miami Beach, FL 33141
6955 Rue Vendome (6-Plex)Miami BeachFL33141
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Property Description
**BEST PRICE 6-PLEX PRICE $283k/DOOR ON NORMANDY ISLES- CALL FOR OFFERS DISCOUNTED AT 1.75M 6% CAP **Renovated 6-unit multifamily w/6 assigned parking spaces STEPS from units (HUGE RENTER DEMAND) + 20% upside in existing rents & massive value add: IN-PLACE NOI- $104,839; proforma GI is $240K CAPEX- Seller expended over $150K in last years including recent upgrades- i.e. installing new plumbing/sewer line Jan-2024 w/50-year warranty, two new AC units, renovations, landscaping, irrigation system, etc. since listing. OWNER DELIVERING TURNKEY CONDITION WITH NO MAJOR CAPEX REQUIRED BY NEW BUYER (VS MOST AREA MULTIFAMILIES ON MARKET)
Full Property Details
Full Property Details for 6955 Rue Vendome (6-Plex)
General
- Sold For: $1,700,000
- Taxes: $15,654 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: A11453884
- Added to Site: 259 day(s) ago
Rental Information
- Rent Includes: Gardener
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 6
Location
- Area: Oceanside Sec Isle Of Nor
- County: Miami-Dade County
- Subdivision: OCEANSIDE SEC ISLE OF NOR
- Building Name: OCEANSIDE SEC ISLE OF NOR
- Driving Directions: Massive value add to unlock via multiple avenues: • Strategy 1: Add four (4) for units to existing footprint (total 10)- proforma $240K GI. ***Financing options available. Please contact OZMO, the financing broker on this property.
Community
- Community Name: Oceanside Sec Isle Of Nor
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof, Flat Tile
- Stories/Levels: 2
- Building Size: 3552
- Square Feet: 3,552
- Living Area: 3,552 Sq. Ft.
- Year Built: 1936
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $478.6
- Tax Amount: $15,654
- Tax Year: 2023
- Terms: All Cash, Conventional, Exchange
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Financial Statement, Copy Of Lease(S), Rent Rolls, Existing Survey
- Legal Description: OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 28 BLK 5 LOT SIZE 56.600 X 126 OR 20170-1663 12 2001 4 COC 25489-1147 02 2007 4
- Property ID: 02-32-10-013-0670
Listed by Real Estate Sales Force and Smart Luxe
Sold by Smart Luxe
Get Pre-Approved Today
Schools
Schools serving 6955 Rue Vendome (6-Plex)
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
7540 E Treasure Dr, North Bay Vlg, FL 33141 | PK-5 | 1.3 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 28.9 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 3.9 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 24 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6955 Rue Vendome (6-Plex)
Date
Details
Price
Change
Source
4/25/2024
Sold
$1,700,000
-2.86%
MLS
4/01/2024
Price Reduced
$1,750,000
-2.78%
MLS
3/16/2024
Price Reduced
$1,800,000
-2.7%
MLS
2/12/2024
Price Reduced
$1,849,900
-1.34%
MLS
11/10/2023
Price Reduced
$1,875,000
-8.54%
MLS
9/15/2023
Listed
$2,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6955 Rue Vendome (6-Plex), Miami Beach, FL 33141 (MLS# A11453884) is a Multi-Family property that was sold at $1,700,000 on April 25, 2024. Want to learn more about 6955 Rue Vendome (6-Plex)? Do you have questions about finding other Multi-Family real estate for sale in Normandy Isles? You can browse all Normandy Isles real estate or contact a Coldwell Banker agent to request more information.