440-442 SW 81st Ave, Miami, FL 33144

About 440-442 SW 81st Ave, Miami, FL 33144

Rare opportunity to acquire an exceptionally spacious, fully occupied multifamily investment property in a highly central Miami location. Offered at $1,575,000 ,440-442 SW 81 Avenue features approximately 4436 square feet of living area on a phenomenal approximately 12,197 square-foot lot. The property's substantial building footprint and oversized grounds distinguish it from many typical duplex and small multifamily properties available throughout Miami-Dade County. The property is currently configured and rented as: 3 bedroom-2 bath residence at $3750.00, per month, 3 bedroom-2 bath residence at $3750.00 per month and 1 bedroom-1 bath apartment-$1500.00 per month with current gross rental income of $9000.00 and total current gross annual income pf $108,000.00. Both residences have been updated, and the entire property has been well maintained. You also have the opportunity to reconfigure the property as a triplex or potentially a fourplex, subject to zoning, permitting, parking, building code requirement and all applicable governmental approval. The property is entirely fenced. It is situated near major roadways, Miami International Airport, school and shopping centers. The property is fully tenant. To show Proof of funds is required or preapproval letter. Do not disturb the tenants, knock on doors, enter the property or walk the grounds. All showings are strictly by confirmed appointments. The owner is a Fl. Real Estate Broker. Only serious offers please.

How This Listing Compares in Miami

Per square foot, it is asking 11% below the Miami median for sales closed over the last twelve months.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 440-442 SW 81st Ave, Miami, FL 33144

Flooring

Tile

Heating

Central

Cooling

Central Air, Paddle Fans, Wall/Window Unit(s)

Architectural Style

Attached

Pool Private

No

Year Built Details

Resale

The Building at 440-442 SW 81st Ave, Miami, FL 33144

Building Name

FLAGAMI 3RD ADDN

Building Area Total

4948

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Lot, Views & Construction at 440-442 SW 81st Ave, Miami, FL 33144

Lot Features

1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Shingle

Exterior Features

Fruit Trees, Open Balcony, Room For Pool

Sewer

Septic Tank

New Construction

No

Taxes & Public Record for 440-442 SW 81st Ave, Miami, FL 33144

Parcel Number

30-40-03-001-4480

Tax Annual Amount

$9,770

Tax Year

2,025

Tax Legal Description

FLAGAMI 3RD ADDN PB 17-59 LOTS 22 & 23 BLK 32 LOT SIZE 100.000 X 120 OR 20267-4190 03/2002 4 COC 25472-2603 07 2006 1

Zoning

5700

County Or Parish

Miami-Dade County

Map & Neighborhood