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1175 S 98th St #20 UNITS Bay Harbor Islands, FL 33154
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Key Details
Sold Price $7,800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 16,248 sqft
Price per Sqft $480
MLS Listing ID A11237291
Sold Date 11/18/22
HOA Y/N No
Year Built 1957
Annual Tax Amount $57,802
Tax Year 2021
Contingent Pending Inspections
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 300
Property Description
Extensively renovated and equipped! rare opportunity to acquire a unique 20-unit multifamily building, located within one of the safest and most desirable residential cities in the FL tri-county region. The property consists of 20 units, 16/4 mix 1 bD (818 sf) and 2 Bd (1019 sf), 27 dedicated street parkings. Extensive and thorough renovation, feels like a new. Corner lot steps away Kane Concourse, walking distance to Bal Harbor Shops and beach. Access to highly rated schools in Bay Harbor and the luxury lifestyle surroundings, commanding PREMIUM rents, and prices, in every kind of market and economy.
This property is an ideal investment opportunity for investors looking for a ready to occupy, low maintenance proposition, with a relevant redevelopment opportunity upside (zoned RM-2)
Location
State FL
County Miami-dade County
Area 22
Interior
Flooring Ceramic Tile, Vinyl
Exterior
Waterfront No
Roof Type Shingle
Parking Type Assigned, On Street
Total Parking Spaces 27
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block,Shingle Siding
Others
Tax ID 13-22-27-001-1970
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Douglas Elliman
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