6955 Rue Vendome

Miami Beach, FL 33141

$1,700,000
Last Sold Price
Beds
3,552 Sq. Ft.
$479 / Sq. Ft.
3,552
Sq. Ft.
$479
per Sq. Ft.

Description

BEST PRICE 6-PLEX PRICE $283k/DOOR ON NORMANDY ISLES- CALL FOR OFFERS DISCOUNTED AT 1.75M 6% CAP Renovated 6-unit multifamily w/6 assigned parking spaces STEPS from units (HUGE RENTER DEMAND) + 20% upside in existing rents & massive value add: IN-PLACE NOI- $104,839; proforma GI is $240K
CAPEX- Seller expended over $150K in last years including recent upgrades- i.e. installing new plumbing/sewer line Jan-2024 w/50-year warranty, two new AC units, renovations, landscaping, irrigation system, etc. since
...BEST PRICE 6-PLEX PRICE $283k/DOOR ON NORMANDY ISLES- CALL FOR OFFERS DISCOUNTED AT 1.75M 6% CAP Renovated 6-unit multifamily w/6 assigned parking spaces STEPS from units (HUGE RENTER DEMAND) + 20% upside in existing rents & massive value add: IN-PLACE NOI- $104,839; proforma GI is $240K

CAPEX- Seller expended over $150K in last years including recent upgrades- i.e. installing new plumbing/sewer line Jan-2024 w/50-year warranty, two new AC units, renovations, landscaping, irrigation system, etc. since listing. Owner delivering turnkey condition with no major capex required by new buyer (vs most area multifamilies on market)
  1. Listed by Rainier S Leon • Real Estate Sales Force
  2. Listed by Saira Rivas • Smart Luxe

Property Details for 6955 Rue Vendome

Subdivision
OCEANSIDE SEC ISLE OF NOR
Style
Fourplex
Waterfront
No
Area
32
Auction
No
Total Units
6
Num Stories
2
Sq Ft Total
3552

Location

Listing Courtesy of Real Estate Sales Force; Smart Luxe

Sold By Smart Luxe

Add your commute
LISTING UPDATED: 04/25/2024 05:30 PM

Property Details for 6955 Rue Vendome

StatusClosed
MLS #A11453884
Days on Market216
Taxes$15,654 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1936
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of Real Estate Sales Force; Smart Luxe

Sold By Smart Luxe

Add your commute

Building Information for 6955 Rue Vendome

Stories-Residences6Year Built1936Building Size-Lot Size-

Payment Calculator

$10,582 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,305

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6955 Rue Vendome

Location Information
Location Information
  • Parcel Number Free Text: 02-32-10-013-0670
  • Parcel Number MLX: 0670
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 10
  • Subdivision Number: 13
  • Subdivision Complex Bldg: OCEANSIDE SEC ISLE OF NOR
  • Unit Count: 1
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Other, Substantially Remodeled
  • Approximate Lot Size: 7,131
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Barrel Roof, Flat Tile Roof
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
  • Directions: Massive value add to unlock via multiple avenues: • Strategy 1: Add four (4) for units to existing footprint (total 10)- proforma $240K GI. ***Financing options available. Please contact OZMO, the financing broker on this property.
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sprinkler Description: Other Sprinkler
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care
Financial Information
Financial Information
  • Total Mortgage: $640,000
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Homestead Tax
  • Information Available: Financial Statement, Copy Of Lease(S), Rent Rolls, Existing Survey

Property History for 6955 Rue Vendome

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6955 Rue Vendome

Taxable ValueLand$713,100Additions$292,671Total$1,005,771
Tax Record2023$15,794 ($1,316 / month)
Home Facts
Total Finished SqFt3,552 SqFtAbove Grade Finished SqFt3,552 SqFtStories2Lot Size7,131 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936Year Renovated1956Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3210-013-0670

Schools near 6955 Rue Vendome

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
Treasure Island Elementary School
PublicPK to 5

Nautilus 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.

Similar Homes

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Listing Courtesy of Real Estate Sales Force; Smart Luxe

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.