1029 NORTH WEST 3RD ST #12, Miami
$4,499,000 USD
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Address | 1029 NORTH WEST 3RD ST #12, Miami |
Building Name | LAWRENCE ESTATE LAND CO |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $4,499,000 |
Previous Price | $4,750,000 (28 days ago) |
Property Status | Active |
MLS Number | A11756435 |
Living Area | 16054 |
Year Built | 2021 |
Parking Space Number | 12 |
Folio Number | 01-41-02-005-1460 |
Gross Rent Income | $309,600 |
Net Operating Income | $237,600 |
Zoning Information | 3900 |
Days on Market | 99 |
Detailed Description: This is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental rates. Modern Construction: Built in 2021 with high-quality materials and contemporary design. Prime Location: Situated in the vibrant Little Havana neighborhood, known for its cultural appeal and proximity to Downtown Miami. Turnkey Investment: Fully leased with strong rental income and low maintenance costs, Private parking for tenants and in-unit washers and dryers for added convenience. Strong Market Demand: The Miami rental market continues to show strong occupancy and rent growth, making this an attractive long-term investment.
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33128 |
Address | 1029 NORTH WEST 3RD ST |
Section | 10 |
Zip Code (4 Digits) | 1394 |
Financial Information
Price | $4,499,000 |
Price per Foot | $0 |
Previous Price | $4,750,000 |
Folio Number | 01-41-02-005-1460 |
Gross Rent Income | $309,600 |
Net Operating Income | $237,600 |
Tax Amount | $47,930 |
Tax Year | 2024 |
Full Descriptions
Detailed Description | This is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental rates. Modern Construction: Built in 2021 with high-quality materials and contemporary design. Prime Location: Situated in the vibrant Little Havana neighborhood, known for its cultural appeal and proximity to Downtown Miami. Turnkey Investment: Fully leased with strong rental income and low maintenance costs, Private parking for tenants and in-unit washers and dryers for added convenience. Strong Market Demand: The Miami rental market continues to show strong occupancy and rent growth, making this an attractive long-term investment. |
Roof Description | Concrete |
Cooling Description | Central Air |
Heating Description | Central |
Sewer Description | Public Sewer |
Property parameters
Living Area | 16054 |
Zoning Information | 3900 |
Year Built | 2021 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | LAWRENCE ESTATE LAND CO |
Development Name | LAWRENCE ESTATE LAND CO |
Construction Type | Concrete Block Construction |
Stories Number | 3.000 |
Street Direction | North West |
Parking Space Number | 12 |
Listed with | Avenew Realty Corp |