2951 Virginia St., Miami, FL 33133

FOR SALE
  • $1,679,000
  • 41 Days on site
  • Beds: 8
  • Baths: 4 Full
  • Multi-Family Home
  • 6,096 sq ft
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  • MLS Photos (6)
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Description

Hard to find income producing property. This fourplex built in 2008 features four units with 2 bedrooms and 1.5 bathrooms and 2 car garage each unit. Tile floor in the first floor and carpet in the bedrooms on the second floor, A/C Central, washer and dryer inside each unit, balcony each unit, plenty of parking spaces. Great rental location for short and long term rentals. Current rented for $ 2,400 three units and one unit vacant. Market rental value is between $ 2,500 to $2,800 per month. Short term rental prices is way up these values. Expenses are as follow: 2013 taxes-$ 14,157Annual water expenses: $ 1,704Annual insurance: $ 7,6685% annual property management= $ 6,240Annual gross profit at $ 2,800 per month (Could be rented at higher values each unit specially for short term rentas)= $ 134,400.After operating expenses: Net profit=$ 104,631 for an annual cap rate of over 6%. Call me for more info: Nelson Rodriguez-786-241-1154 Brokered And Advertised By: Miami Premier Realty Listing Agent: Nelson Rodriguez

  • MLS ID# 127999666
  • Year Built: 2008
  • 41 Days on site
  • Multi-Family Home
  • Beds: 8
  • Baths: 4 Full

Listing Details

Assessed Taxable Amount
$557,907
Tax Amount
$14,157
Last Transaction Date
02/22/2006
Last Transaction Purchase Price
$637,500
Property Type
Apartments (5+ Units)
Bedrooms
3
Bathrooms
8
Floors
2
Home Size (Sqft)
1,847
Lot Size (Sqft)
7,200
Lot Size (Acres)
0.17
Year Built
2008
Units
1
Parking
Garage
Cooling System
Central Air
Exterior Type
Concrete Block/Stucco

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
31,934
Median Household Income
$64,344
Median Years In Residence
8
Median Homeowner Age
41
Households with Children
36.32%
Percent of Homes Rented
44.08%

Nearby Elementary Schools

2850 Sw 27th Ave
3280 Bird Ave
2732 Sw 32nd Ave

Nearby Middle Schools

2732 Sw 32nd Ave
3575 Main Hwy
3460 Royal Rd

Nearby High Schools

2732 Sw 32nd Ave
3138 Commodore Plz
3575 Main Hwy

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Miami Premier Realty
(786) 241-1154
Listing Agent: Nelson Rodriguez

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