Commercial Real Estate Property For Sale In Miami

817 2nd St Miami, FL 33128
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$1,650,000

  • 1974 Year Built
  • Jan 13, 2025 Listing Date

MLS #

:

A11724081

Price

:

$1,650,000

Status

:

Listing Date

:

Jan 13, 2025

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1974

Taxes

:

$23,157 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income--please see the attached pro-forma statement for details. Most tenants have been residing in the building for years. Finding new tenants is surprisingly easy, just put a "for rent" sign in the fence and get about 30 phone calls in one weekend. This property has potential for redevelopment as evidenced by the two new buildings built in front. The roof and all the electrical equipment were completely replaced last year as per current coding. Minor structural repairs will be finished in some weeks. 50-year recertification is almost complete, and owner guarantees that all requirements will be completed by the closing date.

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