131 NE 77th St, Miami, FL 33138 - Photo 1

1/1

$1,480,000

Sold
Closed
Apartment

1/1

Property Description

Excellent opportunity to own a multifamily building located in a corner lot. 2-Story Apartment building with 6 Units. Each one feature 2 bedrooms and 1 bathroom. All units are rented, with almost all the leases in a month-to-month basis. Property is fenced. Prime Location in the Little Haiti Opportunity Zone Main Corridor. This location is included in the Major Approved Developments of The Magic City Innovation District. Easy access to the I-95, Downtown Miami and Miami Beach. Property is located in Flood Zone X which does not require mandatory flood insurance. If you would like to build a brand-new property, you can have a monthly income during the process to get the plans approved for a new development. Private lending available.

Full Property Details

Full Property Details for 131 NE 77th St

General

Sold For: $1,480,000
Taxes: $10,842 (2022)
Status: Closed
Type: Apartment
Source: Greater_Miami
MLS ID: A11304545
Added to Site: 1, 194 day(s) ago

Business

Business Type: Apartments

Rental Information

Lease/Rent Term: Month To Month

Interior

Flooring: Carpet, Tile

Additional Information

Security/Safety: Other Fire Protection, Security Fence

Parking

Total Spaces: 6
Parking Features: Assigned, Common

Location

County: Miami-Dade County

Community

Units Assoc/Comm: 1

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: Shingle
Stories/Levels: 2
Building Size: 6090
Current Bldg. Use: Income Non-Waterfront
Year Built: 1975
Other Struct. Feat.: Balconies

Unit Information

Units in Complex: 1

Lot Features

Lot Size (Sq. Ft.): 8,866
Potential Use: Investment
Zoning: 4600

Financial Considerations

Tax Amount: $10,842
Tax Year: 2022
Terms: Other Lease Terms, All Cash, Conventional/Refinance
Tenant Pays: Electricity

Disclosures and Reports

Special Conditions: Sale
Documents Avail.: Copy Of Lease(S)
Legal Description: ROSE LAWN PK A SUB PB 9-121 LOT 13 & W1/2 LOT 12 LESS S5FT FOR ST BLK 1 LOT SIZE 8866 SQ FT OR 19238-3383 08 2000 1 COC 26111-1203 10 2007 1
Inclusions: Building & Land, Leases, Equipment, Leases
Property ID: 01-31-12-065-0110

Listed by Equity Real Property and Mgt.
Sold by London Foster Realty

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— 131 NE 77th St —

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Schools

Schools serving 131 NE 77th St

School District:Dade County School District

Name	Grades	Distance
Jesse J. Mccrary, Jr. Elementary School 514 Northwest 77th Street, Miami, FL 33150	PK-5	0.7 mi
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150	6-8	0.9 mi
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 NE 77th St

Date

Details

Price

Change

Source

7/17/2023

Sold

$1,480,000

—

MLS

3/14/2023

Price Reduced

$1,480,000

-8.64%

MLS

11/14/2022

Listed

$1,620,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Bed
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Total Baths
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4
Beds
4
Total Baths
1,968
Sq. Ft.

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Beds
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Total Baths

131 NE 77th St, Miami, FL 33138 (MLS# A11304545) is a Apartment property that was sold at $1,480,000 on July 17, 2023. Want to learn more about 131 NE 77th St? Do you have questions about finding other Apartment real estate for sale in Little Haiti? You can browse all Little Haiti real estate or contact a Coldwell Banker agent to request more information.

131 NE 77th St Miami, FL 33138