13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Completely occupied. Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!
2,307.03 Sq Ft
5,600 Sq Ft Exterior Space
Commercial
$6,186 Annual Tax
Built in 1930
MLS/Listing ID A11242668
2 Stories
Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY, RICKY KALLABAT - 305-747-5117
Source of Data: MIAMI ASSOCIATION OF REALTORS