940 Sw 36th Ct, Miami, FL 33135

$1,600,000

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List Price
$1,600,000
MLS#
A12121261
Status
ACTIVE
Type
Commercial

Property Description

Investment opportunity in the heart of Miami. This 8-unit multifamily property sits just off Douglas Road between 8th St and Coral Way. It’s minutes from Coral Gables, Miracle Mile, Brickell, Downtown and Miami International Airport, with easy access to major highways. Few rental locations in Miami-Dade are this central or this much in demand. The unit mix is four 2/1s, two 1/1s and two studios. The property also has on-site paid laundry for extra income and 8 parking spaces. Six of the 8 units are occupied and every tenant is month-to-month, so there’s immediate upside. It’s a strong fit for an investor who wants value-add potential in a location that holds its value.

Additional Information

Days on Market
0
Tax Amount
$17,016
Water Access
Leases
Parcel Number
01-41-09-023-0080
Lot Size
7,100
Address
940 Sw 36th Ct, Miami
Year Built
1957
Section
9

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Listing Courtesy of Miami Portfolio Collection, Contact: