Basic Information

  • MLS # A10994039
  • Type Duplex
  • Status Closed
  • Subdivision/Complex Allapattah View
  • Year Built 1930
  • Total Sqft 2,484
  • Date Listed 02/03/2021
  • Days on Market 190
Description

Habitat Realty is pleased to present this unique investment opportunity for the acquisition of a Duplex with two 3 bedroom 1 bathroom apartments with a solid cash flow. The duplex has 5,840 square foot lot with T6-8 Open zoning, which allows 150 units per acre. The Duplex is located in a limited sector of blocks with high density in Allapattah neighborhood, being able to build 20 units in a building of up to 8 stories high. The Duplex is just 4 blocks away from Allapattah metro Station, 8 minutes away from Jackson Hospital and just 5 minutes from Wynwood and Design District area. An area that is rapidly expanding and experiencing revitalization. Around the corner is 17 Avenue with easy access to 112 and I95. Actual Cap Rate 6.5

Amenities

Exterior Features

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

Interior Features

  • Adjusted Sqft 2,484Sq.Ft
  • Cooling Description Central Air, Electric
  • Floor Description Ceramic Tile, Other
  • Heating Description Central, Electric
  • Sqft 2,484 Sq.Ft

Property Features

  • Address 1590 NW 38th St
  • Aprox. Lot Size 2,626
  • Construction Materials Block, Frame, Other, Stucco
  • Furnished Info no
  • Listing Terms Cash, Conventional, Other
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Allapattah View
  • Tax Amount $3,991
  • Tax Legal desc ALLAPATTAH VIEW PB 12-67 LOT 10 BLK 2 LOT SIZE 40.000 X 146 OR 20701-3829 0702 1 COC 23182-3916 25715-0829 0305 1
  • Tax Year 2020
  • Terms Considered Cash, Conventional, Other
  • Type of Property Duplex

1590 NW 38th St

Miami, FL 33142

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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: Habitat Realty LLC. tel: 786-521-8144

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