Miami, FL 33138,8052 NE 1st Ave
Miami, FL 33138,8052 NE 1st Ave
Miami, FL 33138,8052 NE 1st Ave
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$ 3,500,000
Est. payment | /mo

$ 3,500,000
Est. payment | /mo

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Little River Gardens Amd

MLS Listing ID A11488955

Style Fourplex

Construction Status New Construction

HOA Y/N No

Year Built 2024

Annual Tax Amount $7,304

Tax Year 2022

Property Description

**NEW CONSTRUCTION SITE** Plans approved for brand new modern 10 x 1 bedroom units, off the growing area of Miami. All new restaurants, bars and shops. Developing boulevard, gross ROI 6.8% gross estimated at $240k yearly, $2,000 monthly per unit. Will be built upon sale. Invest in one of the fastest growing and most desirable areas, between Midtown and Miami Shores. Many new businesses opening and happening at the moment. This development is located 2 blocks from Citadel Restaurant. Construction is included in the sale price, will be delivered with CO, hurricane impact windows, stainless steel appliances. Area may also be used as short term, buyer to do own due diligence. Miami is becoming the largest growing city, do not miss out on this new construction.

Location

State FL

County Miami-dade

Community Little River Gardens Amd

Area 31

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Brick,Block

New Construction true

Construction Status New Construction

Others

Tax ID 01-31-12-012-0410

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Coldwell Banker Realty
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8052 NE 1st Ave