11970 NE 19th Dr - Apartments FOR SALE


North Miami, FL 33181- Sans Souci Estates
$3,900,000 USD
305-528-7984
11970 NE 19th Dr, North Miami, FL for Sale
$3,900,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

11970 NE 19th Dr
North Miami, FL 33181
Sans Souci Estates


OVERVIEW

Ten oversized ~1,055 SF units sit as a white canvas while renovation work is completed, giving a buyer a clean slate and immediate optionality. Three income paths pencil against the $3,900,000 price: a Long-Term lease-up, a Section 8 voucher floor, or a furnished Short-Term/quarterly strategy with utilities included — the highest-yield path, penciling to a 6.1% cap from day one.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$352 USD /SF

# OF UNITS

10

PRICE/UNIT

$390,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11970 NE 19th Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,752 SF

ZONING

3700

APN/PARCEL ID

06-2228-011-0350

ASK ABOUT THIS PROPERTY

Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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