103 NW 9th Ave, Miami FL, 33128

Sold

103 NW 9th Ave

Miami FL, 33128

$735,000

$235.88 per sqft

Sold

3,116 sqft

Multi-family

Built in 1925

Fausto Commercial is proud to present an opportunity to buy this Value Add property. Master Plans to remodel complete the building are in process of final revisions for approval, all the long and expensive process of getting plans approved in the City of Miami is already taken care of.
This building has 2 stories and Four total Units, Each layout 3 bedrooms 1 bath Allowing you to collect more per unit. The two units downstairs are down to the studs to begin work, saving you money on Demo. The Upstairs Units are collecting $3,600 per month, allowing you to collect cash flow while you complete the project.
Zoning Allows for Short term rental in this desirable area. What this means to you is that you can significantly increase the monthly cash flow of this building once complete.

A11218090

MLSⓇ ID

June 6, 2022

Listed

February 10, 2024

Updated

Map

103 NW 9th Ave
Miami FL, 33128

Interior Features

Total Stories: 2
Interior Features: Stairs
Floor Description: Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Ceiling Fan(s), Wall/Window Unit(s)
Heating: No
Heating Description: None

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot
Architectual Style: Old Spanish
Roof: Concrete
Sewer: Public Sewer

Other Property Details

Area Name: Brickell Riverview
Taxes: $7,444
Tax Frequency: Annually
Days on Market: 56
Garage: No
Parking Total: 4
View: No
County: Miami-Dade County
Pool: No
Zoning: 3900
Buyer Agency Compensation: 2.5%

Listing History

Date	Event	Price
11/10/2023	Sold	$735,000

Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 305-915-3492

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 1:37 AM UTC, 2/10/2024.