12085 W Dixie Hwy - Multi-Family FOR SALE


North Miami, FL 33161
$1,450,000 USD
12085 W Dixie Hwy, North Miami, FL for Sale
$1,450,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

12085 W Dixie Hwy
North Miami, FL 33161


HIGHLIGHTS

  • Spectacular Waterfront Multifamily Property just Steps from Downtown NoMi
  • Two-Story Building Sitting DIRECTLY ON THE CANAL
  • ALL IMPACT WINDOWS & DOORS, Updated Plumbing

OVERVIEW

Spectacular Waterfront Multifamily Property just Steps from Downtown NoMi. INCREDIBLY VERSATILE PROPERTY w/ MANY OPTIONS. High Ceilings, Bright Light, Flowing Spaces. Two-Story Building Sitting DIRECTLY ON THE CANAL! Large Balconies Overlooking the Water. Spacious Units, INCREDIBLE Condition Throughout, FULLY REMODELED IN RECENT YEARS, Meticulously Maintained Inside and Out. ALL IMPACT WINDOWS & DOORS, Updated Plumbing / Electric, Kayak Launch, Etc. Tons of Parking with Freshly Treated Asphalt. Strong Rental Income in Place, $14,650 MONTHLY GROSS INCOME & Low Expenses w/ Proven Demand in Area. Units Rent Quickly in This Location to Excellent Tenants. Canal-Front Income-Producing Assets of This Caliber Simply Do Not Come to Market. A++ Safe and Walkable Location: Walk to North Miami Downtown and Griffin Park. Central Location, Just 6 Mins to Whole Foods, 10 to Wynwood, 12 to Aventura Mall and Miami International Airport, 14 to Brickell and Surfside Beach. Call Today!

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

2

PRICE/UNIT

$725,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canal Front Multifamily Building

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,135 SF

ZONING

Duplex

APN/PARCEL ID

17-2230-031-1070

ASK ABOUT THIS PROPERTY

John SalteXp RealtyMore Info

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