El Portal, FL 33150,529 NW 88th St
El Portal, FL 33150,529 NW 88th St
El Portal, FL 33150,529 NW 88th St
El Portal, FL 33150,529 NW 88th St
El Portal, FL 33150,529 NW 88th St
El Portal, FL 33150,529 NW 88th St
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$2,250,000

$2,400,000

6.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,667 SqFt


SOLD DATE : 12/12/2024

Key Details

Sold Price $2,250,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,667 sqft

Price per Sqft $337

MLS Listing ID A11611001

Sold Date 12/12/24

HOA Y/N No

Year Built 1940

Annual Tax Amount $32,054

Contingent Other

Lot Size 0.999 Acres

Property Description

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.
Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.
Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.
Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.
Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

Location

State FL

County Miami-dade

Area 31

Others

Tax ID 30-31-01-002-0300

Financing Cash

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Listed by The Alpha Commercial Advisors LLC
Bought with The Alpha Commercial Advisors LLC
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States

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