584 Northwest 65th Street

Miami, FL 33150

$2,750,000
Price
Beds
8,340 Sq. Ft.
$330 / Sq. Ft.
8,340
Sq. Ft.
$330
per Sq. Ft.

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.
  1. Listed by Alfredo Riascos • Gridline Properties

Property Details for 584 Northwest 65th Street

Subdivision
FOREST PARK
Style
Fourplex
Waterfront
No
Area
30
Auction
No
Num Stories
2
Sq Ft Total
8340
Sq Ft Liv Area
8340.0
LISTING UPDATED: 12/27/2024 07:00 PM

Property Details for 584 Northwest 65th Street

StatusActive
MLS #A11714783
Days on Market1
Taxes$32,172 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Triplex
Year Built1968
Lot Size-
CountyMiami-Dade County

Building Information for 584 Northwest 65th Street

Stories-Residences-Year Built1968Building Size-Lot Size-

Property Information for 584 Northwest 65th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-13-025-0200
  • Parcel Number MLX: 0200
  • MLS Area: 30
  • Municipal Code: 20
  • Township Range: 31
  • Section: 13
  • Subdivision Number: 25
  • Subdivision Complex Bldg: FOREST PARK
  • Unit Count: 4
  • Zoning Information: 6107
General Information
Parking
  • Num Parking Spaces: 16
General Information
  • Property Type Information: Other
  • Lot Description: 3/4 To Less Than 1 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Other
  • Sewer Description: Other Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Total Mortgage: $1,280,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects Other Tax Exemption
  • Information Available: Financial Statement, Copy Of Lease(S), Rent Rolls

Property History for 584 Northwest 65th 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 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

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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584 Northwest 65th Street is a multi-family home for sale in Miami, FL 33150. This property was listed for sale on December 27, 2024 by Gridline Properties, it's currently listed at $2,750,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Holmes Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 584 Northwest 65th Street is a 0-bed, 0-bath, 8,340 sqft multi-family home built in 1968.

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Listing Courtesy of Gridline Properties

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.