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255 NW 53rd St Miami, FL 33127
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Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 880 sqft
Price per Sqft $363
Subdivision Railway Shops Addn 2Nd Am
MLS Listing ID A10791380
Sold Date 10/01/20
Construction Status Effective Year Built
HOA Y/N No
Year Built 1952
Annual Tax Amount $4,700
Tax Year 2019
Contingent No Contingencies
Property Sub-Type Duplex
Property Description
Cash flowing investment property with huge upside potential in Buena Vista. This Low maintenance duplex sits directly across the street from a park, and only blocks away from the Upper Buena Vista Market, Design District and other major developments. Recently updated with new ACs, Appliances, and more the two 1 bed 1 bath units sit side by side and each rented for $950 monthly. The 7,500 sqft lot is zoned T-4 and would allow for additional units to be built. Cash flow this while you plan and build more units to grow. Seller has done some preliminary design options for 4 and 5 units available upon request. Tenants pay their own Electric. Owner pays Property Taxes, Insurance and Water.
Location
State FL
County Miami-dade County
Community Railway Shops Addn 2Nd Am
Area 31
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 2
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-24-013-2240
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Simpson Associates of Florida
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