1268 NW 3rd St

MIAMI, FL 33125
$1,200,000
Pending | 3351 sqft | #A10924821

Description

Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex– Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.

  • Property Details
    • Property
      • Stories:2
      • Lot description:Less Than 1/4 Acre Lot
      • Exterior materials:Balcony
    • Measurements
      • Square Feet:3351
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:2020
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Municipal Water
  • Community and Neighborhood Details
    • Location
      • County:Miami-Dade County
    • Community
      • Subdivision:LAWRENCE ESTATE LAND CO
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 200, 000
      • Selling office_commission:2.5%
      • Annual taxes:$17, 076
  • Other
    • Source
      • MLS #:A10924821

Location

Marcos LencovskiReal Estate Group
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