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Residential Income
$2,750,000
584 NW 65th St Miami, FL

A11714783

384 of 437 for Sale
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an agent
  • Listed On:

    Dec 27, 2024
  • Days on Market:

    6
  • Year:

  • Taxes:

    $32,172 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

584 NW 65th St Miami, FL This fully renovated 12-unit multifamily property is located in Miami`s thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.

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