$3,100,000
For Sale

11520 NE 6th Ave

Biscayne Park, FL 33161
Type:Purchase
Zone:Commercial

Description

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.

  • Property Details
      • Lot DescriptionCity Location, In Residential Area
      • Parking TypeCommon, Free Parking, Guest
      • Property SubtypeIncome/MultiFamily
      • Sewer InformationPublic Sanitation
      • CountyMiami-Dade County
      • Structure TypeFree Standing
      • MLS #A11527972
      • MLS #A11527972
      • Property TypePurchase
      • Cost3100000
      • Utility SourcePublic
      • Year Built1939
      • Stories2

Location

Nirmala EmaniReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00