584 Northwest 65th Street
$2,750,000
—
8,340
8,340
$330
New
Description
This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates...This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
- Listed by Alfredo Riascos • Gridline Properties
Property Details for 584 Northwest 65th Street
Subdivision
FOREST PARK
StyleFourplex
WaterfrontNo
Area30
AuctionNo
Num Stories2
Sq Ft Total8340
Sq Ft Liv Area8340.0
LISTING UPDATED: 12/27/2024 07:00 PM
Property Details for 584 Northwest 65th Street
Status | Active |
---|---|
MLS # | A11714783 |
Days on Market | 1 |
Taxes | $32,172 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Triplex |
Year Built | 1968 |
Lot Size | - |
County | Miami-Dade County |
Building Information for 584 Northwest 65th Street
Stories-Residences-Year Built1968Building Size-Lot Size-
Property Information for 584 Northwest 65th Street
Property History for 584 Northwest 65th 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 584 Northwest 65th Street
Taxable ValueLand$250,250Additions$1,149,750Total$1,400,000
Tax Record2023$28,779 ($2,398 / month)
Home Facts
Total Finished SqFt8,340 SqFtAbove Grade Finished SqFt8,340 SqFtStories2Lot Size7,150 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Zoning6107:RESID-MECountyMIAMI-DADEAPN01-3113-025-0200
Schools near 584 Northwest 65th 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 |
---|---|---|
Holmes Elementary 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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