265 East 7th Street
265 East 7th Street
$3,100,000
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Description
This is a rare opportunity to acquire two apartment buildings totaling 15 units in two of Miami's fastest-growing neighborhoods: Allapattah and Hialeah. Situated in prime locations, these properties offer a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $310,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Allappattah building is zoned T4-R. Hialeah building...This is a rare opportunity to acquire two apartment buildings totaling 15 units in two of Miami's fastest-growing neighborhoods: Allapattah and Hialeah. Situated in prime locations, these properties offer a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $310,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Allappattah building is zoned T4-R. Hialeah building is zoned R3D. The other building is located at 2130 NW 28 Ave Allappattah 33142.
- Listed by Lina Mir Sportiello • JMK Real Estate Agents LLC
Property Details for 265 East 7th Street
Area
31
AuctionNo
Location
LISTING UPDATED: 05/17/2024 01:00 PM
Property Details for 265 East 7th Street
Status | Active |
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MLS # | A11589572 |
Days on Market | 28 |
Taxes | $17,242 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1935 |
Lot Size | 0.31 AC / 13,400 SF |
County | Miami-Dade County |
Location
Building Information for 265 East 7th Street
Stories-Residences-Year Built1935Building Size-Lot Size0.31 AC / 13,400 SF
Payment Calculator
$18,355 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 265 East 7th Street
Property History for 265 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 265 East 7th Street
Taxable ValueLand$276,750Additions$907,042Total$1,183,792
Tax Record2023$17,242 ($1,437 / month)
Home Facts
Total Finished SqFt3,996 SqFtAbove Grade Finished SqFt3,996 SqFtStories2Lot Size6,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1935Year Renovated1993Zoning3900:MULTI-FACountyMIAMI-DADEAPN04-3118-006-0700
Schools near 265 East 7th Street
This home is within Miami-Dade.
Rating | School | Type | Grades | Distance |
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Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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South Hialeah Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Miami Springs 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.
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