2080-2090 NW 31st St - Apartments FOR SALE


Miami, FL 33142- Allapattah
$4,569,000 USD
305-588-0323
2080-2090 NW 31st St, Miami, FL for Sale
$4,569,000 USD
Apartments - FOR SALE
1/8
null | 8.21% Cap Rate

2080-2090 NW 31st St
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Parking assigned per unit
  • All units 2 bed/ 1 bath
  • Fully occupied

OVERVIEW

Deal Highlights: • New Price: $4,995,000 • Total Units: 16 Units – All desirable 2-Bedroom / 1-Bathroom configurations. • Occupancy: 100% Fully Occupied with strong rental history. • Condition: Fully remodeled and upgraded! The units feature full renovations, upgraded kitchens, new cabinets, and modern finishes. • Monthly Gross Income: $38,480 ($461,760 Gross Annually). Property Snapshot: • Addresses & Folios: - 2090 NW 31st St, Miami (Folio: 01-3127-061-0040) - 2081 NW 30th St, Miami (Folio: 01-3127-061-0060) • Total Lot Size: 30,573 Sq.Ft. (15,299 Sq.Ft. + 15,274 Sq.Ft.) • Layout: Four separate structures (Year Built: 1955). • Parking: Dedicated assigned parking spaces per unit. • Utilities: Electricity is paid entirely by the tenants. Annual Expense Summary: • Total Property Taxes: $39,358.44 • Insurance (Flood, Liability, Hazard): $21,727 • Water & Sewer: $11,482 • Trash Removal: $7,497 • Landscaping & Maintenance: $5,520 • Admin & Licenses: $2,500 Please let us know if you would like to receive the full financial breakdown, detailed rent roll, or schedule a site visit this week.

FOR SALE DETAILS

PRICE

$4,569,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

16

PRICE/UNIT

$285,563

CAP RATE

8.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

3900

APN/PARCEL ID

01-3127-061-0040,01-3127-061-0060

ASK ABOUT THIS PROPERTY

Massiel PerdomoLifestyle International RealtyMore Info
305-588-0323

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Massiel PerdomoLifestyle International RealtyMore Info
305-588-0323

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