711 NW 1st St Miami, FL ^$ 1,420,000

711 NW 1st St

^$ 1,420,000

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711 NW 1st St

Miami, FL, 33128

^$ 1,420,000

Bedrooms8 Baths4.0 Sq 3,510

Monthly Estimate*

^$ 9,919

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711 NW 1st St, Miami, FL 33128 - Image 8

711 NW 1st St, Miami, FL 33128 - Image 9

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711 NW 1st St, Miami, FL 33128 - Image 11

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Multi-Family Home for sale in Miami, FL

for $1,420,000 with 8 bedrooms and 4 full baths. This 3,510 square foot home was built in 1925.

YEARLY ACTUAL GROSS INCOME $100,000. CAN BE INCREASED TO $120,000 (EACH UNIT CAN BE RENTED AT $2,500). YEARLY EXPENSES ALL IN $20,000. ACTUAL CAP RATE 6%.

Multi-Family Active

Price

^$ 1,420,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,075

Style

Triplex

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11379857

Features

General

Sewer PublicSewer

Heating Electric WallFurnace

Cooling Electric WallWindowUnits

Utilities CableNotAvailable

Possession ClosingFunding

Roof Flat

Pool Features None

Construction Materials Block

Year Built 1925

Stories 2

Levels Two

Property SubType Triplex

Tax Year 2022

County Miami-Dade County

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name CITY OF MIAMI SOUTH

Garage Y/N N

Rent Includes Sewer TrashCollection Water

Status Active

City Miami

Buyer Agent Compensation 3%

Disclosures OwnerIsListingAgent

View Y/N N

Senior Community Y/N N

Zoning Description 4601

MLS Area 41

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 1st St

Listing Terms Cash Conventional

Property Attached Y/N N

Year Built Details Resale

Land Lease Y/N N

Tax Annual Amount 9075.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11379857

Days on Market 361

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Triplex

Legal Description CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4

Interior

Flooring Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Exterior

Lot Features Item14Acre

Water Source Public

Total Parking 0.0

Spa N

Building Area Total 3510.0

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 711

* Excluded Features

List By

Florida Brokers Intl' Realty

Broker

a.paez@floridabrokers.net

Affordability Calculator

$10,675

Per Month

Monthly Principal & Interest: $9,919
Monthly Property Taxes: $756
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Miami, FL

Average List Price ^$1,254,759

Percent of Sale Price 12%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2023	$1,350,000		Listed Price

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711 NW 1st St, Miami, FL, 33128 is a Multi-Family Home for sale at $1,420,000 with 3,510 sqft. 711 NW 1st St has 8 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 33128 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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711 NW 1st St

Multi-Family Home for sale in Miami, FL

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