FOR SALE $3,000,000 USD / Address: 1177, 1181 & 1191 NW 8th Street, Miami FL 33136 |
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Primary Type: |
Multifamily
Garden/Low-Rise |
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No. Units: |
29 |
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Building Size: |
12,677 SF |
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Lot Size: |
22,000 SF |
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Occupancy: |
100.00% |
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Price: |
$3,000,000 |
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Price/Unit: |
$120,689.66 |
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Year Built: |
1950 |
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Property Description:
Three two story apartment buildings with a total of 29 apartments on 22,000 Square Foot of land that is zoned for highrise development. The land is zoned City of Miami R-4 highrise. An additional 20,000 adjacent square feet is available. The combined acre of land is the land on this block not already highrise. This property is located only two blocks from Jackson Memorial Hospital. Great for Medical Office Condos! |
Location Description:
This property is nestled between the Jackson Memorial Hospital Complex and Spring Garden. It is located near a people mover station and walking distance from the River and a new Winn Dixie store. This is part of a seven parcel package for sale as shown in the picture. |
Highlights |
| No. Stories: |
2 |
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| Additional Types |
Multifamily (land) |
Office Building |
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| Parking Ratio: |
1 / 1,000 SF |
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Effective Gross Income: |
$211,200 |
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Operating Expenses: |
$29,303 |
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20 units |
Avg. Mo. Rent: $600 |
8 units |
Avg. Mo. Rent: $650 |
1 unit for the property manager |
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For Sale $2,500,000 USD/ Address: 936-942 NW 8 Street Road, Miami FL 33136
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Primary Type: |
Multifamily
Garden/Low-Rise |
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No. Units: |
11 |
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Building Size: |
6,641 SF |
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Lot Size: |
18,750 SF |
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Occupancy: |
100.00% |
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Price: |
$2,500,000 |
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Price/Unit: |
$227,272.73 |
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Year Built: |
1960 |
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Property Description:
This property is a 10 unit two story apartment building and the adjacent 1930 vintage home. Both properties are waterfront with access to the Miami River and Ocean. Six boats can be parked behind these buildings.
Location Description:
On Miami River / canal only blocks from the Jackson Memorial Hospital Complex. |
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Effective Gross Income: |
$104,760 |
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Operating Expenses: |
$26,448 |
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Net Operating Income: |
$78,312 |
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Unit Mix Information |
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One Bedroom |
Efficiency |
Two bedroom |
No. Units: 7
Avg. Mo. Rent: $650 |
No. Units: 2
Avg. Mo. Rent: $500
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No. Units: 1
Avg. Mo. Rent: $850
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House |
6 boat slips |
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No. Units: 1
Avg. Mo. Rent: $1,100
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No. Units: 6
Avg. Mo. Rent: $975
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FOR SALE $1,800,000 USD / Address: 1099 NW 9th Court, Miami FL 33136 |
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Primary Type: |
Office
Medical Office |
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Building Size: |
3,445 SF |
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Building Class: |
C |
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Lot Size: |
8,100 SF |
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Occupancy: |
100.00% |
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Price: |
$1,800,000 |
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Price/SF: |
$609.58 |
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Year Built: |
1975 |
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Property Description:
This is a two story building zoned Office (O-City of Miami). It also has dockage for 3 large boats in a well protected cove area. Currently the building is used as a six unit apartment building with additional income from dock space rentals. Water access to ocean is available from site with only one fixed bridge.
Location Description:
Located only blocks from Jackson Memorial Hospital Complex. Current annual gross income of $55,380 with expenses of $9,552. Great Site for a medical office with boat parked in rear! |
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Effective Gross Income: |
$55,380 |
Operating Expenses: |
$9,552 |
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs |
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