For more information regarding the value of a property, please contact us for a free consultation.
250 NE 58th St Miami, FL 33137
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,378 sqft
Price per Sqft $326
Subdivision Dixie Highway Track
MLS Listing ID A11490855
Sold Date 03/11/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1957
Annual Tax Amount $5,057
Tax Year 2022
Contingent Pending Inspections
Property Sub-Type Duplex
Property Description
Little Haiti Duplex. Nestled in quiet east little Haiti neighborhood, this property is a duplex with many beneficial features such as new roof, new plumbing, and new electricity. Its best characteristic is its location so close to so many major developments, including at the exact mid-point and between two of Miami's largest development projects: Magic City and the Sabal Palm project. Current NOI of $35k, raisable to Proforma NOI of $38k, and close to a 8% cap at asking price. The perfect first time investment.
Location
State FL
County Miami-dade County
Community Dixie Highway Track
Area 31
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Total Parking Spaces 3
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-13-065-1300
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Read Less
Bought with Fausto Commercial Realty Consultants Inc