The building is currently 100% occupied on a month to month basis. Great opportunity for an investor to rehab and use as a Airbnb or maximize rental. The property is located within 15 minutes to public beaches. There is a new park located across the street from the property. Lots of potential. Property has recent updates including a new roof, interior doors and some updated kitchens, see interior photos. Property could qualify for Conventional, FHA or VA. Property is tenant occupied. OK to drive by but please don't bother tenants. I took good interior photographs and a sketch of the units is attached. Only showing to serious inquiries. Price is firm. Property is being sold As Is. No appraisal contingency. Property is in a Flood Zone and requires insurance.
Sold for $759,999
$759,999
1477 NE 116th St, Miami, FL 33161
5beds
4baths
2,903sqft
Quadruplex
Built in 1956
-- sqft lot
$885,200 Zestimate®
$262/sqft
$2,953 Estimated rent
Home value
$885,200
$797,000 - $991,000
$2,953/mo
Zestimate® history
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Updated kitchensInterior doorsNew roof
Zillow last checked:
Listing updated:
Listed by:
Chris Carpenter 305-975-1621,
Chris Carpenter, R.E Broker
Bought with:
Andres Campodonico Medina, 3450634
Coldwell Banker Realty
Source: MIAMI,MLS#: A11412112
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Window/Wall
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Features
- Flooring: Vinyl, Wood
Interior area
- Total structure area: 2,903
- Total interior livable area: 2,903 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3022320140480
- Zoning: 3100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Biscayne Shores Unit 4
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $262/sqft
- Annual tax amount: $7,231
- Date on market: 6/30/2023
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2023 | Sold | $759,999+2.7%$262/sqft |
Source:  MIAMI #A11412112 Report a problem | ||
| 7/7/2023 | Pending sale | $740,000$255/sqft |
Source: MIAMI #A11412112 Report a problem | ||
| 7/6/2023 | Price change | $740,000+5.7%$255/sqft |
Source: MIAMI #A11412112 Report a problem | ||
| 6/30/2023 | Listed for sale | $699,999$241/sqft |
Source: MIAMI #A11412112 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33161
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Nearby schools
GreatSchools rating
- 7/10David Lawrence Jr. K-8 CenterGrades: PK-8Distance: 2.6 mi
- 4/10Alonzo And Tracy Mourning Senior High Biscayne Bay CampusGrades: 9-12Distance: 2.7 mi
- 5/10North Miami Middle SchoolGrades: 6-8Distance: 1.6 mi
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Estimated market value
$885,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$885,200
- Florida
- Miami-Dade County
- Miami
- 33161
- 1477 NE 116th St
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