1 of 11
Multi Family
Tools
Size
7,500 Sq Ft.
interior
Financial
$2,299,000
Change Currency
$307
Price Per Sqft
$17,712
Annual taxes
Listing Details
Multi Family
Property type
1918
Year Built
4377575
Web Id
2745084-A11551329
MLS ID
61
Days Posted
Description
850 NW 2nd St, Miami, FL 33128
Great income producing investment opportunity in Little Havana. 10 UNITS. Current annual gross income of $198,300.00. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Proforma gross income of $263,400. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Pro forma cap rate of 6.1%
Price HistoryView all +
| date | Price | variance | type |
|---|---|---|---|
| 3/24/2024 | $2,299,000 | - | Listed |
| 3/6/2024 | $2,395,000 | - | off market |
| 2/17/2024 | $2,395,000 | 4.20 % | decreased |
| 2/14/2024 | $2,500,000 | - | Listed |
| 11/21/2022 | $1,100,000 | - | Contract |
| 10/28/2022 | $1,100,000 | - | off market |
Listing By: London Foster Realty via Data Source: MIAMI MLS
listing agent: Ian Lazaro Osorio
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