Basic Information

  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex LAWRENCE ESTATE LAND COS
  • Year Built 1923
  • Total Sqft 3,782
  • Date Listed 04/19/2022
  • Days on Market 146
Description

GREAT INCOME AND VALORIZATION OPPORTUNITY IN LITTLE HAVANA. FIVE LEGAL UNITS IN A 7,500 SQF LOT: 4/2, 2/1, 2/1, 2/1 AND 1/1 . 3,782 SQF IN TOTAL. FULLY RENTED ON MONTH TO MONTH BASIS. GREAT TENANTS. SOME RENTS ARE BELOW MARKET VALUE. SEE ATTACHED GROSS INCOME. FAST GROWTH POPULATION, CENTRAL LOCATION AND ZONNING MAKES IT THE PERFECT SHORT-TERM/VACATION RENTAL AND A PERFECT CASH MAKING MACHINE. T5-O ZONNING OFFERS PLENTY OF UPSIDE POTENTIAL FOR DEVELOPERS AS COMMERCIAL, OFFICE AND MULTIFAMILY RESIDENCES ARE PERMITTED. NEW DEVELOPMENTS UNDER CONSTRUCTION IN THE SAME BLOCK. EXCELLENT LOCATION, VERY CENTRAL, CLOSE TO BRICKELL AND DOWNTOWN,EASY ACCES TO PUBLIC TRANSPORTATION.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block, Frame, Stucco
  • Parking Description
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 3,782Sq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Floor Description Concrete, Ceramic Tile
  • Heating Description None
  • Sqft 3,782 Sq.Ft

Property Features

  • Address 1227 SW 3rd St
  • Aprox. Lot Size 3,782
  • Construction Materials Block, Frame, Stucco
  • Furnished Info no
  • Listing Terms Cash
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info LAWRENCE ESTATE LAND COS
  • Tax Amount $10,582
  • Tax Legal desc LAWRENCE EST LAND COS SUB PB 2-46 LOT 17 BLK 81 LOT SIZE 7500 SQUARE FEET OR 14023-389 0289 1 COC 22919-1573 12 2004 1
  • Tax Year 2021
  • Terms Considered Cash
  • Type of Property Quadruplex

1227 SW 3rd St

Miami, FL 33135

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Core International Realty. tel: 305-305-1682

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