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1259 NW 4th St, Miami, FL 33125
$1,430,000
1259 NW 4th St, Miami, FL 33125View this property at 1259 NW 4th St, Miami, FL 33125
1259 NW 4th StMiamiFL33125
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Property Description
Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!
Full Property Details
Full Property Details for 1259 NW 4th St
General
- Sold For: $1,430,000
- Taxes: $13,896 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: A11518511
- Added to Site: 114 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Rental Information
- Lease/Rent Term: Annual Lease, Month To Month
Interior
- Furnishings: Unfurnished
- Flooring: Terrazzo
Parking
- Total Spaces: 6
- Parking Features: Assigned, Common, On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 6
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
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: 5034
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1969
- Other Struct. Feat.: Airport Access, Exterior Lighting, Laundry Facilities
Unit Information
- Units in Complex: 6
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Potential Use: Investment
- Zoning: 6107
Financial Considerations
- Insurance Fee: $9,512
- Operating Expenses: $33,691
- Tax Amount: $13,896
- Tax Year: 2023
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
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 13 BLK 41 LOT SIZE 7500 SQUARE FEET COC 26064-1282 10 2007 5
- Inclusions: Building & Land, Leases, Machinery, Leases, Machinery
- Property ID: 01-41-02-005-6570
Listed by Century 21 BE3
Sold by Eleventrust LLC
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Schools
Schools serving 1259 NW 4th 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 | 21.4 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.1 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 0.9 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 16.4 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 1259 NW 4th St
Date
Details
Price
Change
Source
3/11/2024
Sold
$1,430,000
0.35%
MLS
1/23/2024
Listed
$1,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1259 NW 4th St, Miami, FL 33125 (MLS# A11518511) is a Apartment property that was sold at $1,430,000 on March 11, 2024. Want to learn more about 1259 NW 4th 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.