711 NW 1st St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33128
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,510 sqft
Price per Sqft $383
Subdivision City Of Miami South
MLS Listing ID A11707066
Year Built 1925
Annual Tax Amount $15,835
Tax Year 2024
Property Description
Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki onthe River. This multifamily property already generates an annual gross income of $108,000, making it a solidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent theirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The propertyoffers parking availability and is located in a zone with excellent potential for future appreciation.
Location
State FL
County Miami-dade
Community City Of Miami South
Area 41
Interior
Heating Electric,Wall Furnace
Cooling Electric,Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Flat
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional