3098 SW 16th Ter
- Miami, FL 33145
- $1,099,000
- 0 Bed(s)
- 0 Baths
- 2,600 Sqft.
Basic Information
- MLS # A11657253
- Type Duplex / Quad Plex / Triplex
- Style Triplex
- Status Active
- Subdivision/Complex East Shenandoah
- Year Built 1940
- Total Sqft 2,498
- Date Listed 09/13/2024
- Days on Market 6
Description
Multi-Family Opportunity in The Roads! Keep as a rental with 8,000 monthly income until youre ready to build 2 Luxury Townhomes. Recent comps for townhomes are 2 million each! The numbers work! Sell out is almost 4X the purchase price! The property boasts a detached 2 bed2 bath back unit with a private backyard, offering potential for expansion currently rented for 3,000, well below market value. The front house features a 2 bed1 bath main unit plus an attached 1 bed1 bath studio, rented for 2,800 1,300 respectively. Both units have updated bathrooms, soundproof windowsdoors hurricane-proofing. Separate electric water meters. Located near major highways prestigious neighborhoods like Vizcaya, Coconut Grove Brickell, this property offers tremendous potential.
Exterior Features
- Waterfront No
- Pool No
- Construction Type Block
- Parking Spaces 0
- Parking Description
- Roof Description Barrel
Interior Features
- Adjusted Sqft 2,498
- Cooling Description Central Air
- Floor Description Ceramic Tile
- Heating Description Central
- Sqft 2,498
Property Features
- Address 3499 S W1st Ave
- Aprox. Lot Size 2,698
- City Miami
- Construction Materials Block
- County Miami-Dade
- Furnished Info No
- Levels One
- Listing Terms Cash, Other
- Lot Description Approx14 Acre
- Lot Features Approx14 Acre
- Occupant Type Tenant
- Pool Features None
- Possession Closing Funding, Close Of Escrow
- Postal City Miami
- Public Survey Section One
- Public Survey Township 1
- Roof Barrel
- Sewer Description Public Sewer
- Short Sale Regular Sale
- Stories 1
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info East Shenandoah
- Tax Amount $10,165
- Tax Information EAST SHENANDOAH PB 14-55 LOTS 46 47 BLK 47 LOT SIZE 50.000 X 150 OR 11011-1525 0281 1 COC 25620-3227 05 2007 1
- Tax Year 2023
- Terms Considered Cash, Other
- Type of Property Triplex
- Water Source Public
- Year Built Details Resale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Coral Gables - Coconut Grove. tel: 305-662-7325
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