1319 NW 60th St - Apartments FOR SALE


Miami, FL 33142- Liberty City
$1,500,000 USD
954-245-3455
1319 NW 60th St, Miami, FL for Sale
$1,500,000 USD
Apartments - FOR SALE
1/6
null | 2.62% Cap Rate

1319 NW 60th St
Miami, FL 33142
Liberty City


HIGHLIGHTS

  • Superior Location & Amenities
  • Value Add Potential
  • Major Employment Area
  • Strong Rental Market
  • Strong Demographics
  • Miami Dade MSA Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a multi-family investment property located at 1319 NW 60th Street in Miami, Florida (“the Property”). Constructed in 1958 of reinforced concrete block, the two-story multi-family property contains eight (8) residential units comprised of two (2), 1-Bedroom/1-Bathroom units and six (6), 2-Bedroom/1-Bathroom units with 5,728 square feet of living area on a 0.18-acre parcel of land. The direct entry units offer residents fully equipped kitchens and tiled floors. Tenants are responsible for separately metered electric, and the landlord is responsible for hot water and domestic water and sewer. The Property also offers a small backyard, eight (8) on-site parking spaces for residents and laundry facility. The Property is situated in an excellent location on a residential street in Miami’s Liberty City neighborhood. The Property is one block from NW 12th Avenue and is 0.7 miles from NW 7th Avenue (US Route 441) and NW 54th Street (SR 944), both of which offer an appealing array of retailers, restaurants, bars, and service amenities. The Property is convenient to public transportation options, major roads and is in close proximity to major attractions and points of interest in the area including Downtown Miami, Miami International Airport, the Miami-Opa Locka Executive Airport, Championship Golf Courses, and the World-Famous Miami Beaches.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$328 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

2.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R-3

APN/PARCEL ID

01-3114-043-0720

ASK ABOUT THIS PROPERTY

Alejandro GonzalezHorvath & TremblayMore Info
954-245-3455

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Alejandro GonzalezHorvath & TremblayMore Info
954-245-3455

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