400 Northwest S River Drive

Miami, FL 33128

$2,999,999
Price
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Beds
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a car parked in front of a house
a view of city from balcony
a view of a city
a view of a city
a view of a city
a view of a city
a bathroom with a sink a toilet and a bathtub
a bathroom with a sink a toilet and a bathtub
a view of hallway with wooden floor
a kitchen with stainless steel appliances granite countertop a sink and a white cabinets
a close view of sink and tap
wooden floor in a gallery
wooden floor in an empty room
an empty room with a window and ceiling fan
an empty room with wooden floor and windows
a view of an empty room with wooden floor
a view of a room with wooden floor
a view of an empty room with a window and wooden floor
a view of empty room with wooden floor and fan
a view of empty room with wooden floor
a view of a livingroom with wooden floor and a ceiling fan
a bathroom with a toilet and a shower
a view of a hallway with stairs

Description

Great cash flow! Actual cap rate 7.44%. Current annual gross income of $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near...Great cash flow! Actual cap rate 7.44%. Current annual gross income of $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
  1. Listed by Ian Lazaro Osorio • London Foster Realty

Property Details for 400 Northwest S River Drive

Area
41
Auction
No
LISTING UPDATED: 08/29/2024 02:22 PM

Property Details for 400 Northwest S River Drive

StatusActive
MLS #A11571371
Days on Market251
Taxes$9,271 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1923
Lot Size0.09 AC / 3,720 SF
CountyMiami-Dade County

Building Information for 400 Northwest S River Drive

Stories-Residences-Year Built1923Building Size-Lot Size0.09 AC / 3,720 SF

Property Information for 400 Northwest S River Drive

Location Information
Location Information
  • Parcel Number Free Text: 01-41-38-003-0100
  • Parcel Number MLX: 0100
  • MLS Area: 41
  • Township Range: 41
  • Section: 38
  • Subdivision Number: 3
  • Unit Count: 0
  • Zoning Information: 6107
General Information
General Information
  • Prop Type-Type of Building: Commercial/Residential Income, Residential-Multi-Family
  • Building Sq Ft: 5,320
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Flood Zone: AE

Property History for 400 Northwest S River Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 400 Northwest S River Drive

Taxable ValueLand$186,000Additions$265,016Total$451,016
Tax Record2023$9,271 ($773 / month)
Home Facts
Total Finished SqFt5,320 SqFtAbove Grade Finished SqFt5,320 SqFtStories2Lot Size3,720 SqFtStyleMulti-Family Dwelling (2-4)Year Built1923Zoning6107:RESID-MECountyMIAMI-DADEAPN01-4138-003-0100

Schools near 400 Northwest S River Drive

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Riverside Elementary Community School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Jose De Diego Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Riverside Elementary Community School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Jose De Diego 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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More information about 400 Northwest S River Drive, Miami, FL 33128

400 Northwest S River Drive is a multi-family home for sale in Miami, FL 33128. This property was listed for sale on April 17, 2024 by London Foster Realty, it's currently listed at $2,999,999. It has been on the market for a total of 251 days and was last sold on July 23, 2021. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Riverside Elementary Community School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 400 Northwest S River Drive is a 0-bed, 0-bath, multi-family home built in 1923.

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 London Foster Realty

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.