2,800 SqFt
2,800 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $428
Subdivision Santa Clara Sub
MLS Listing ID A12074073
Style Fourplex
HOA Y/N No
Year Built 1936
Annual Tax Amount $12,182
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Built in 1936, the property consists of approximately 2,800 square feet of living area on a 5,005-square-foot lot, with an attractive unit mix of three 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments.
The property currently generates $10,100 per month in gross rental income, or $121,200 annually, with two units occupied by Section 8 tenants. The property has been renovated and well maintained, allowing a new owner to benefit from immediate in-place cash flow without having to undertake a significant renovation program upon acquisition.
The apartment interiors are in excellent condition, while recent exterior improvements—including a fresh coat of paint and a renovated driveway—provide strong curb appeal and a well-maintained appearance. These improvements help position the asset as a turnkey investment with limited anticipated near-term capital expenditures, making it particularly attractive to investors seeking to acquire an operating property and begin collecting rent from day one.
Adding to the property's operating efficiency, each unit is separately metered for electricity, allowing tenants to be responsible for their own electric consumption and helping reduce the owner's controllable operating expenses.
Location
State FL
County Miami-dade
Community Santa Clara Sub
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Built-Up
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Frame,Stucco
Others
Tax ID 01-31-26-036-0460
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
