1126 NW 58th Ter - Apartments FOR SALE


Miami, FL 33127- Liberty City
$1,290,000 USD
305-582-2424
1126 NW 58th Ter, Miami, FL for Sale
$1,290,000 USD
Apartments - FOR SALE
1/12
null | 5.58% Cap Rate

1126 NW 58th Ter
Miami, FL 33127
Liberty City


HIGHLIGHTS

  • Newly renovated. Newer Roof. No hassles
  • Fully rented with 5.5% Cap Rate in place. Buy and collect income
  • See attached brochure for all updates and renovations
  • In path of progress surrounded by redevelopments & developments in all directions

OVERVIEW

Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 5.5% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88,000/year with potential upside. In path of progress between Swerdlow 7,500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$1,290 USD /SF

# OF UNITS

4

PRICE/UNIT

$322,500

CAP RATE

5.58%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,031 SF

ZONING

5700

APN/PARCEL ID

01-3114-023-0341

ASK ABOUT THIS PROPERTY

Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

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Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.