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1044 NW 29th Ter

Miami, FL 33127
  • $975,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: A11218077
$975,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,649
    SQFT
  • $368
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

Fausto Commercial is proud to present this opportunity to invest in this Value Add situation. Building is located in Allapattah, the neighborhood has shown stable rent growth and new development has come to revitalize the urban core. The majority of this Building has undergone a gut renovation and is very close to being complete. The Three completed units are currently generating $6,300 per month combined. What that means to you is that you are collecting good cashflow while you make final repairs and increase cashflow. Owner has quote from a General Contractor to complete final unit for $50,0000. Good opportunity to 1031 into this deal and refinance if you need cash.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-25T23:50:54.1.
www.castellihomes.com/homes/129569815
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1044 NW 29th Ter Miami, FL 33127

  • Price: $975,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: A11218077
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,649
SQFT
$368
$/SQFT
1926
Built
Neighborhood:
Santa Clara Sub
County:
Miami-Dade
Area:
Santa Clara Sub
Property Description
Fausto Commercial is proud to present this opportunity to invest in this Value Add situation. Building is located in Allapattah, the neighborhood has shown stable rent growth and new development has come to revitalize the urban core. The majority of this Building has undergone a gut renovation and is very close to being complete. The Three completed units are currently generating $6,300 per month combined. What that means to you is that you are collecting good cashflow while you make final repairs and increase cashflow. Owner has quote from a General Contractor to complete final unit for $50,0000. Good opportunity to 1031 into this deal and refinance if you need cash.
Exterior Features

Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 3 Pool Private YN No Roof Concrete View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 2649 Building Area Total 2649 Cooling Central Air Flooring Tile Heating Central Heating YN Yes Interior Features Stairs Stories 2

Property Features

Association YN No Building Name Santa Clara Sub Cooling YN Yes Documents Available Rent Rolls Horse YN No Listing Terms All CashCash New Construction YN No Property Condition Under Construction Property Sub Type Quadruplex Public Survey Section 26 Rent Includes GardenerTrash Collection Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 8252 Tax Year 2021 Year Built Details Under Construction Zoning 5700

Listing courtesy of Fausto Commercial Realty Consultants Inc.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-25T23:50:54.1.
 
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Castelli Real Estate Services
2227 Wilton Drive
Fort Lauderdale FL, 33305