1652 Northwest 1st Street

Miami, FL 33125

$950,000
Last Sold Price
Beds
3,595 Sq. Ft.
$264 / Sq. Ft.
3,595
Sq. Ft.
$264
per Sq. Ft.

Description

On Sale a great opportunity for investors. Partially remodeled two-building, 4 unit apartment complex very easy to manage with an excellent ROI and lots of potential. All units with separate electricity services and 8 parking spaces. 100 % Rented. The actual NOI is $72,350 with a 7.6% ROI and still room to grow. The income could be the double or more if renting it through AIRBNB as it is Few blocks away to Marlins Stadium and Calle 8, close to Miami Airport, Brickell/Downtown, Miami Beach, Design...On Sale a great opportunity for investors. Partially remodeled two-building, 4 unit apartment complex very easy to manage with an excellent ROI and lots of potential. All units with separate electricity services and 8 parking spaces. 100 % Rented. The actual NOI is $72,350 with a 7.6% ROI and still room to grow. The income could be the double or more if renting it through AIRBNB as it is Few blocks away to Marlins Stadium and Calle 8, close to Miami Airport, Brickell/Downtown, Miami Beach, Design District… Also, the Primary Land Use is MULTIFAMILY 2-9 UNITS in a convenient T5-L zone. This is a shining diamond that can shine even brighter! Call listing agent for appointments, Do Not disturb tenants. Financials available upon request.
  1. Listed by Edel Valdes • Trexy International Realty, Inc
  2. Listed by Yurima Chiong Munoz • Trexy International Realty, Inc

Property Details for 1652 Northwest 1st Street

Subdivision
LAWRENCE ESTATES LAND COS
Style
Fourplex
Waterfront
No
Area
41
Auction
No
Total Units
4
Num Stories
2
Sq Ft Total
3595

Location

Listing Courtesy of Trexy International Realty, Inc

Sold By Trexy International Realty, Inc

Add your commute
LISTING UPDATED: 03/08/2022 09:20 PM

Property Details for 1652 Northwest 1st Street

StatusClosed
MLS #A11144084
Days on Market16
Taxes$11,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Trexy International Realty, Inc

Sold By Trexy International Realty, Inc

Add your commute

Building Information for 1652 Northwest 1st Street

Stories-Residences4Year Built1939Building Size-Lot Size-

Payment Calculator

$6,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$962

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1652 Northwest 1st Street

Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-006-0240
  • Parcel Number MLX: 0240
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 3
  • Subdivision Number: 6
  • Subdivision Complex Bldg: LAWRENCE ESTATES LAND COS
  • Unit Count: 4
  • Zoning Information: 6107
General Information
Parking
  • Num Parking Spaces: 8
General Information
  • Property Type Information: Old Spanish, Stairs
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Other Construction
  • Construction Type: Other Construction
  • Roof Description: Other Roof
  • Flooring: Ceramic Floor, Tile Floors, Wood Floors
  • Floor Description: Ceramic Floor, Tile Floors, Wood Floors
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling, Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water
Financial Information
Financial Information
  • Total Mortgage: $418,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2021
  • Tax Information: Tax Reflects City & County Tax, Tax Reflects No Exemptions
  • Information Available: Accounting Statements, Deposit - Security, Equipment Lists, Copy Of Lease(S)

Property History for 1652 Northwest 1st 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 1652 Northwest 1st Street

Taxable ValueLand$637,500Additions$179,438Total$816,938
Tax Record2023$18,313 ($1,526 / month)
Home Facts
Total Finished SqFt2,031 SqFtAbove Grade Finished SqFt2,031 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1939Year Renovated1980Zoning6107:RESID-MECountyMIAMI-DADEAPN01-4102-006-0240

Schools near 1652 Northwest 1st 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
Citrus Grove Elementary School
PublicPK to 5

Citrus Grove 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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Listing Courtesy of Trexy International Realty, Inc

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.