1250 Northwest 61st Street

Miami, FL 33142

$925,000
Price
Beds
3,712 Sq. Ft.
$249 / Sq. Ft.
3,712
Sq. Ft.
$249
per Sq. Ft.

Description

This property at 1250 NW 61st Street is a fourplex, with each of the four units offering a 2-bedroom, 1-bath layout. All units are equipped with central air conditioning, and the property features four separate electric meters, which simplifies billing and utilities for tenants. Located in a developing neighborhood with growth potential, this property has strong income-generating possibilities. Current income is $7200 a month but With Section 8, each unit’s rent can be increased to $2,300, adding...This property at 1250 NW 61st Street is a fourplex, with each of the four units offering a 2-bedroom, 1-bath layout. All units are equipped with central air conditioning, and the property features four separate electric meters, which simplifies billing and utilities for tenants. Located in a developing neighborhood with growth potential, this property has strong income-generating possibilities. Current income is $7200 a month but With Section 8, each unit’s rent can be increased to $2,300, adding to the investment appeal. The current long-term tenants add stability, making this a potentially low-turnover, high-revenue property for buyers looking to capitalize on rising rents in an up-and-coming area. All units in great shape , see pics, potential of $9200 income a month
  1. Listed by Diego Pineiro • Miami Beach Real Estate Group

Property Details for 1250 Northwest 61st Street

Subdivision
ORCHARD VILLA EXTENSION
Style
Fourplex
Waterfront
No
Area
31
Auction
No
Num Stories
2
Sq Ft Total
3712
Sq Ft Liv Area
3712.0
LISTING UPDATED: 11/14/2024 02:43 PM

Property Details for 1250 Northwest 61st Street

StatusActive
MLS #A11690756
Days on Market7
Taxes$10,225 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1964
Lot Size-
CountyMiami-Dade County

Building Information for 1250 Northwest 61st Street

Stories-Residences-Year Built1964Building Size-Lot Size-

Property Information for 1250 Northwest 61st Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-14-043-0490
  • Parcel Number MLX: 0490
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 14
  • Subdivision Number: 43
  • Subdivision Complex Bldg: ORCHARD VILLA EXTENSION
  • Unit Count: 4
  • Zoning Information: 3901
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Attached
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care, Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $506,000
  • Type of Association: None
  • Flood Zone: AH
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Copy Of Lease(S)

Property History for 1250 Northwest 61st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1250 Northwest 61st Street

Taxable ValueLand$238,500Additions$337,834Total$576,334
Tax Record2023$9,687 ($807 / month)
Home Facts
Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories2Lot Size5,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1985Zoning3901:KING HTSCountyMIAMI-DADEAPN01-3114-043-0490

Schools near 1250 Northwest 61st Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Orchard Villa Elementary School
PublicPK to 5

Brownsville Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1250 Northwest 61st Street is a multi-family home for sale in Miami, FL 33142. This property was listed for sale on November 8, 2024 by Miami Beach Real Estate Group, it's currently listed at $925,000. It has been on the market for a total of 7 days and was last sold on October 14, 2014. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Orchard Villa Elementary School, Air Base K-8 Center for International Education and Brownsville Middle School. 1250 Northwest 61st Street is a 0-bed, 0-bath, 3,712 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Miami Beach Real Estate Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.