Florida City Multifamily Investment
421 NW 12th St, Florida City, FL 33034
- Added:
- Sep 30, 2024
- Days on Market:
- 592
- Last Refresh:
- May 14 at 10:06 am
Property Features for 421 NW 12th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Attached
- Zoning
- 5700
- Parking
- 16
- Security features
- Security System
- Interior features
- Security System
- Standard status
- Active
- APN
- 16-78-24-008-1140
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 18588
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1959
- Number of units
- 16
- Architectural style
- Other
Listing agent Christian Fojon License #3554058 (305) 799-0374
Listing office Luxe Properties 55 Merrick Way, Coral Gables, FL (305) 809-7650
Listing date Sep 30, 2024
MLS# A11528411
Listing URL
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HighLights
- High Income Potential: Strong rent roll with fully and partly remodeled units.
- 13 Fully Remodeled Units: Offering modern living spaces.
- New A/C Units: Equipped with all new mini‑split A/C units for efficient cooling.
- Security Features: Wired with camera systems and fenced for enhanced security.
- Up‑and‑Coming Location: Situated on the 'BEST up and coming street' in Florida City, near new multifamily buildings and townhomes.
- Recent Improvements: Roof sealed in 2023 and buildings to be painted.
Overview
Two multifamily properties located at 441 NW 12 ST & 421 NW 12 ST are being sold together. The properties feature a total of 16 units, with eight 2-bedroom, 1-bath units and eight 1-bedroom, 1-bath units. Thirteen units have been fully remodeled, and three are partly remodeled. All units have new mini-split A/C units. The roof was sealed in 2023. Both buildings are equipped with wired camera systems and are fenced in. Painting of both buildings is planned. The properties are situated on a lot of approximately 0.1791 acres. New multifamily buildings and townhomes are located nearby. The owner is interested in a 1031 exchange. The zoning is 5700. The properties are located in Florida City, FL 33034, Miami-Dade County. New tenants are in place.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Florida City
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.482382
- Latitude
- 25.458916
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two multifamily properties in up-and-coming Florida City neighborhood.
Where is this apartment building located?
The property is located at 421 NW 12th St Florida City, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: High Income Potential: Strong rent roll with fully and partly remodeled units.; 13 Fully Remodeled Units: Offering modern living spaces.; New A/C Units: Equipped with all new mini‑split A/C units for efficient cooling.
