111 Northwest 76th Street

Miami, FL 33150

$1,830,000
Last Sold Price
Beds
2,590 Sq. Ft.
$707 / Sq. Ft.
2,590
Sq. Ft.
$707
per Sq. Ft.

Description

Amazing investment opportunity in Little Haiti (2 FOLIOS: 111 NW 76 ST AND 110 NW 77 ST). 8 Existing CASH-FLOWING units, 100% Occupancy! Rents are Below Market! 5%+ Cap Rate in a Prime and Growing area w/ possibility to increase significantly. Favorable Zoning: T5-R! Ideal Buy-and-Hold Investment with HUGE UPSIDE for FUTURE REDEVELOPMENT. Build up to 5 stories high & 30 units, do your own research. Property Has Access on 2 Streets. Located in OPPORTUNITY ZONE: potentially offering significant capital...Amazing investment opportunity in Little Haiti (2 FOLIOS: 111 NW 76 ST AND 110 NW 77 ST). 8 Existing CASH-FLOWING units, 100% Occupancy! Rents are Below Market! 5%+ Cap Rate in a Prime and Growing area w/ possibility to increase significantly. Favorable Zoning: T5-R! Ideal Buy-and-Hold Investment with HUGE UPSIDE for FUTURE REDEVELOPMENT. Build up to 5 stories high & 30 units, do your own research. Property Has Access on 2 Streets. Located in OPPORTUNITY ZONE: potentially offering significant capital gains tax savings for the buyer. Little Haiti is currently developing the Magic City Innovation District Area: • Residential • Commercial • Art Galleries • Showrooms • Offices • Entertainment Spaces. Once complete it will raise rents & property values in the surrounding area along the way.
  1. Listed by John Salt • Keller Williams Eagle Realty

Property Details for 111 Northwest 76th Street

Subdivision
PELAEZ-ZOGBY SUB
Waterfront
No
Area
31
Auction
No
Sq Ft Total
2590
Sq Ft Liv Area
2590.0
AdjustedAreaSF
2531.0

Location

Listing Courtesy of Keller Williams Eagle Realty

Sold By Epic Team Real Estate and Investments, LLC

Add your commute
LISTING UPDATED: 12/01/2021 03:23 PM

Property Details for 111 Northwest 76th Street

StatusClosed
MLS #A10841328
Days on Market252
Taxes$4,631 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeLand-Commercial/Business/Agricultural/Industrial / Income/Multi Family
Year Built-
Lot Size0.19 AC / 8,467 SF
CountyMiami-Dade County

Location

Listing Courtesy of Keller Williams Eagle Realty

Sold By Epic Team Real Estate and Investments, LLC

Add your commute

Building Information for 111 Northwest 76th Street

Stories-Residences-Year Built-Building Size-Lot Size0.19 AC / 8,467 SF

Payment Calculator

$10,373 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,987

Property Taxes

$386

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Northwest 76th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-12-105-0040
  • FolioNum2ndParcel: 01-3112-105-0010
  • Parcel Number MLX: 0040
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 12
  • Subdivision Number: 105
  • Subdivision Complex Bldg: PELAEZ-ZOGBY SUB
  • Zoning Information: 4600
General Information
General Information
  • Style of Property: Unimproved Multi Family (5+Units)
  • Usage: Unimproved Multi Family (5+Units)
  • Environmental Audit: Unknown
  • Num Parcels: 2
  • Comprehensive Plan Use: Intensive Development, Open Land, Suburban
  • Total Acreage: 0
  • Lot Frontage: 25
  • Lot Depth: 76
  • Approximate Lot Size: 16921
  • Property Sq Ft: 8467
  • Location: Central Business District, Other Location
  • Road Description: Other Road
  • Lot Description: 1-2.5 Acres
  • Directions: Google Maps
Additional Property Information
Utilities
  • Utilities Available: Trash Removal, Water
  • On Site Utilities: Water
  • Water Description: Other
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Total Assumable Loans: $0
  • Total Mortgage: $0
  • Flood Zone: X
  • Tax Year: 2019
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished

Property History for 111 Northwest 76th 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 111 Northwest 76th Street

Taxable ValueLand$508,020Additions$170,178Total$678,198
Tax Record2023$8,483 ($707 / month)
Home Facts
Total Finished SqFt2,590 SqFtAbove Grade Finished SqFt2,590 SqFtStories1Lot Size8,467 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Zoning4600:MULTI-FACountyMIAMI-DADEAPN01-3112-105-0040

Schools near 111 Northwest 76th Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jesse J. Mccrary, Jr. Elementary School
PublicPK to 5

Horace Mann 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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Eagle 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.