9001-9143 Sw 77th Ave, Miami, FL 33156

$4,500,000

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List Price
$4,500,000
Price Change
▼ $100,000 1775619102
MLS#
A11962959
Subtype
Quadruplex
County
Miami-Dade
Community
Dadeland Place Condo
Subdivision
Dadeland Place Condo
Year Built
1971

Property Description

FIRE SALE! Price improved for this rare opportunity to acquire a 22-unit condo portfolio located within two well-located condo buildings in the heart of Dadeland (Miami 33156): 9143 SW 77th Ave and 9001 SW 77th Ave. Portfolio includes 7 three-bedroom units, 6 two-bedroom units, and 9 one-bedroom units, offering diversified unit mix and strong rental demand. Prime location near Dadeland Mall, US-1, Palmetto Expressway, Metrorail, Baptist Hospital, and major retail/employment centers. Exceptional 7%+ CAP rate based on current operations. Ideal for investors and or 1031 exchange buyers seeking stabilized cash flow in a high-demand rental submarket. Potential rental upside subject to condo rules. Do not disturb tenants. Showings by appointment only. Aggressively priced at $200K per unit.

Additional Information

Hoa
Yes
Hoa Amount
581
Status Label
ACTIVE WITH CONTRACT
Total Unitsin Complex
3
Construction
CBS Construction
Cooling
Central Air
Flooring
Tile
Heating
Central
Lot Description
West Of US 1
Roof
Other
Special Information
Substantially Remodeled
Total Floors
8
Stories
8
Roofing
Other

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Calculator source: Real Geeks

Listing Courtesy Of DMG Realty, Contact: