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1337 NW 77th St

miami, FL 33147

$1,225,000

    Interested? Let's Connect

    Multifamily investment featuring a total of 13 units spread across two structures. The primary two-story building includes 11 units, along with a separate detached structure housing 2 additional units. The current unit configuration includes six 2-bedroom/1-bath units and seven 1-bedroom/1-bath units. Buyer to independently verify the legal unit count, unit layout, bedroom/bathroom configuration, and unit numbering with Miami-Dade County. The property is being conveyed as-is, and the buyer will assume responsibility for any existing liens and code violations. The buildings are presently boarded, however a walk-through video is available to review the interior condition. This asset presents a strong opportunity for investors interested in redevelopment, repositioning, or a long-term hold. The property was vandalized, resulting in significant damage. All exterior doors need to be replaced, multiple windows are broken, and the units will need to be stripped down to the studs and completely rebuilt from scratch. The walls were broken through to steal electrical wiring and to get to the other units. Plumbing lines and fixtures were stolen, causing extensive system damage. A comprehensive renovation is required. The electrical system needs a complete overhaul, including replacement of panels and full rewiring. The plumbing system also requires full replacement due to the stolen and missing plumbing lines and fixtures. Mold is present throughout the property, worsened by broken walls that allow access between units. In addition, the roof is visibly sinking, as shown in the provided photographs. In summary, the entire unit requires a full renovation, including proper permitting and work performed by a licensed contractor.

    Details

    7,382 Sq Ft

    investment

    $4,623 Annual Tax

    Built in 1935

    MLS/Listing ID F10550848

    Amenities & Features

    Construction - Block

    Cooling - Wall/window unit(s)

    Balcony

    Tile

    Porch

    Heating - Wall Furnace

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Interested In 1337 NW 77th St?