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5979 NW 37th St Virginia Gardens, FL 33166
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Key Details
Sold Price $3,850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,508 sqft
Price per Sqft $698
Subdivision Sub Of Track A Of Sunset
MLS Listing ID A11463374
Sold Date 05/22/24
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1965
Annual Tax Amount $25,228
Tax Year 2022
Property Description
12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390'ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100'ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos
Location
State FL
County Miami-dade County
Community Sub Of Track A Of Sunset
Area 30
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Barrel
Total Parking Spaces 12
Building
Lot Description 1-2 Acres
Story 3
Sewer Public Sewer
Architectural Style Fourplex
Structure Type Block
Construction Status Resale
Others
Tax ID 26-30-25-011-0060
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Financing Cash
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Bought with Lokation
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