$2,425,000
$2,650,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
131 NW 77th St Miami, FL 33150
7,317 SqFt
Key Details
Sold Price $2,425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,317 sqft
Price per Sqft $331
MLS Listing ID A11765586
Sold Date 06/24/25
HOA Y/N No
Year Built 1985
Annual Tax Amount $27,510
Contingent Pending Inspections
Lot Size 0.348 Acres
Property Sub-Type Multi Family
Property Description
Cash Flowing Value-Add Opportunity
Twelve mostly occupied 2-bed/1-bath units with the opportunity to enhance value by upgrading flooring, appliances, and amenities such as on-site laundry.
Prime Location with Strong Growth & Redevelopment Potential
Excellent access to I-95 and surrounding key neighborhoods, situated in a high-growth Opportunity Zone with future redevelopment potential.
Flexible Leasing & Income Growth Potential
A mix of traditional and Section 8 leases with options to increase rents and re-tenant the building.
Private Courtyard and Ample Parking
Features private, unique courtyard space and dedicated parking for 15 vehicles.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 01-31-12-048-0240
Financing Conventional
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Bought with The Alpha Commercial Advisors LLC