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1258 NW 3rd St, Miami, FL 33125
$1,505,000
1258 NW 3rd St, Miami, FL 33125View this property at 1258 NW 3rd St, Miami, FL 33125
1258 NW 3rd StMiamiFL33125
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Property Description
Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!
Full Property Details
Full Property Details for 1258 NW 3rd St
General
- Sold For: $1,505,000
- Taxes: $13,655 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: A11518518
- Added to Site: 114 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Rental Information
- Lease/Rent Term: Annual Lease, Month To Month
- Lease Info: Gross
Interior
- Furnishings: Unfurnished
- Flooring: Tile
Parking
- Total Spaces: 6
- Parking Features: Assigned, Shared Parking, On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 6
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Individual A/C
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Concrete, Other
- Windows: Complete Accordian Shutters
- Stories/Levels: 2
- Building Size: 4526
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1969
- Other Struct. Feat.: Exterior Lighting
Unit Information
- Units in Complex: 6
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Potential Use: Investment
- Zoning: 6107
Financial Considerations
- Insurance Fee: $8,608
- Operating Expenses: $32,542
- Tax Amount: $13,655
- Tax Year: 2023
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity, Interior Maintenance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Copy Of Lease(S)
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 8 BLK 51 LOT SIZE 7500 SQUARE FEET COC 26064-1284 10 2007 5
- Inclusions: Building & Land, Fixtures, Leases, Leases, Machinery
- Property ID: 01-41-02-005-7600
Listed by Century 21 BE3
Sold by Riviera Realty Associates Inc
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Schools
Schools serving 1258 NW 3rd St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2121 Nw 5th St, Miami, FL 33125 | PK-5 | 0.9 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 21.3 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.2 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 16.3 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 1258 NW 3rd St
Date
Details
Price
Change
Source
2/20/2024
Sold
$1,505,000
-1.31%
MLS
1/23/2024
Listed
$1,525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1258 NW 3rd St, Miami, FL 33125 (MLS# A11518518) is a Apartment property that was sold at $1,505,000 on February 20, 2024. Want to learn more about 1258 NW 3rd St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.