Address
1 NE 78th St Miami, FL
Price
$ 2,200,000
Property Attributes
- MLS#A10886739
- TypeCommercial
- CountyMIAMI-DADE
- CityMiami
- Area31
- Zip33138
- StyleMultiFamily
- Year Built1971
- Taxes23947
- Price$ 2,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size13,063 SqFt
Listing Provided Courtesy Of:
Fausto Commercial Realty Consultants Inc
Property Description
Fausto Commercial is pleased to present the Sea Breeze Apartments at 1 NE 78th Street in Miami Florida. This is a 13-unit apartment building located in the Upper East Side neighborhood of Miami. The property consists of 10 one-bedroom/one-bathroom units and 3 Studios totaling 7,496 rentable square feet. This property is a1970's vintage and fully remodeled in 2019-20 including all impact windows. It's situated on a 13,063Sq Feet of T6-8-0 land. The property is being offered for sale at $2,200,000 representing a 5.61% cap rate based on current in-place income. After increasing rents to market average, the year one cap is expected to rise to 7.78%. The Sea Breeze Apartments is located near 79th Street and North Miami Avenue, two major thoroughfares in Upper East Side.
| Price History | |
|---|---|
| 7/2/2020 | Listed $2,200,000 |
General Features
| MLS Area | 31 |
|---|---|
| Property SubType | MultiFamily |
| Property Type | CommercialSale |
| Structure Type | Apartment |
| Zoning Description | 6100 |
Exterior Features
| Covered Spaces | 0.0 |
|---|---|
| Lot Size Area | 13063.0 |
| Lot Size Square Feet | 13063.0 |
| Lot Size Units | SquareFeet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33138
Price
Taxes
Visits
Year Built
Walkscore
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MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
