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Multifamily Residential
$3,100,000
11520 NE 6th Ave Biscayne Park, FL

A11527972

55 of 100 for Sale
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an agent
  • Listed On:

    Feb 8, 2024
  • Days on Market:

    290
  • Year:

  • Taxes:

    $36,471 per year
  • Floor Description:

    Wood
  • Occupancy:

  • Zoning:

  • Parking:

    Common, Free Parking, Guest

11520 NE 6th Ave Biscayne Park, FL This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

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For Sale Details

  • Floor Description

    Wood

  • Heating Description

    Wall/Window Units

  • Insurance Expense

    8500

  • Net Operating Income

    155236

  • Ownership

    Corporation

  • Parking Description

    Common, Free Parking, Guest

  • Photo Count

    10

  • Property Type

    Commercial Sale

  • SqFt Total

    14773

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1939

Any questions about Multifamily Residential?
Contact our Biscayne Park Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
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