Bay Harbor Islands, FL 33154,1175 S 98th St #20 UNITS

$7,800,000

$7,800,000

Est.Price: ?

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Est. payment /mo

16,248 SqFt


SOLD DATE : 11/18/2022

Key Details

Sold Price $7,800,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 16,248 sqft

Price per Sqft $480

MLS Listing ID A11237291

Sold Date 11/18/22

HOA Y/N No

Year Built 1957

Annual Tax Amount $57,802

Tax Year 2021

Contingent Pending Inspections

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 300

Property Description

Extensively renovated and equipped! rare opportunity to acquire a unique 20-unit multifamily building, located within one of the safest and most desirable residential cities in the FL tri-county region. The property consists of 20 units, 16/4 mix 1 bD (818 sf) and 2 Bd (1019 sf), 27 dedicated street parkings. Extensive and thorough renovation, feels like a new. Corner lot steps away Kane Concourse, walking distance to Bal Harbor Shops and beach. Access to highly rated schools in Bay Harbor and the luxury lifestyle surroundings, commanding PREMIUM rents, and prices, in every kind of market and economy.

This property is an ideal investment opportunity for investors looking for a ready to occupy, low maintenance proposition, with a relevant redevelopment opportunity upside (zoned RM-2)

Location

State FL

County Miami-dade County

Area 22

Interior

Flooring Ceramic Tile, Vinyl

Exterior

Waterfront No

Roof Type Shingle

Parking Type Assigned, On Street

Total Parking Spaces 27

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Shingle Siding

Others

Tax ID 13-22-27-001-1970

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Douglas Elliman
Bought with Douglas Elliman
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States

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