Address
12322 NE 6th Ave North Miami, FL
Price
$ 799,000
Property Attributes
  • MLS#A10935629
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityNorth Miami
  • Area22
  • Zip33161
  • StyleMultiFamily
  • Year Built1951
  • Taxes8041
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,150 SqFt
Listing Provided Courtesy Of:
The Keyes Company
Property Description

Super Opportunity: 2 Retail Stores and 4 Apartments 1Bed/1Bath. PRICE TO SELL $799,000 All Offers will be consider. All Rents are below market value: Income: Store Immigration $900.00 / month to month Store Beauty Salon $950.00 /month to month Apartment 1Bed/1Bath = $775.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $700.00/mm Total Monthly Income = $4,775.00/month Total Yearly Income = $57,300.00/year Expenses: Insurance $1,800.00 Waste & Water = $4,800.00 Property Taxes = $7,960.75 Total Expenses = $14,560.75 Net Operating Income = $42,739.25 Price to Sell = $799,000.00 CAP RETURN = 5.35%. ALL RENTS ARE VERY LOW AND BELOW MARKET VALUE POTENTIAL CAP RETURN 9.50% 40 Years Recertification done

Price History
10/1/2020 Listed $799,000

General Features

MLS Area 22
Property SubType MultiFamily
Property Type CommercialSale
Structure Type Apartment
Zoning Description 6000

Exterior Features

Covered Spaces 0.0
Lot Size Area 9150.0
Lot Size Square Feet 9150.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33161

Price
AVG $1.85M
$800K
Taxes
AVG $19,907
$8,041
Visits
AVG 90
81
Year Built
AVG 1962
1951
Walkscore
AVG 67
87
Data Provided by Walkscore ® not using MLS data

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