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Juan C. Sotolongo

1850 NW 24th Ct

$595,000 1850 NW 24th Ct, Miami, FL 33125
The Curtis Park Triplex. Ideal for fix&flip, BRRRR, or new development investors. Built in 1955 featuring three 2-bed /1 bath units on a 6,345 SF lot. Zoning T3-O. Value-add opportunity, 2-story building, w/ample parking. Tenants on mth-to-mth lease plus other income generating $4,100/month. Property Taxes $6,563/yr. While rented below market rates, this Miami River asset has huge upside with rental growth, with year 1 Cap Rate projections over 8%, in a neighborhood that continues to be revitalized close to the Miami River District and Downtown Miami.
  • For Sale
    Status
  • 1955
    Year Built
  • 1,475 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 1,475 Sq.Ft.
  • MLS® ID: A11251797
  • Type: MULTI_FAMILY
  • Year Built: 1955
  • Architecture Styles: Attached

Interior

  • Flooring: Tile

Exterior & Building

  • Stories: 2
  • Roof: Shingle
  • Lot Features: Corner Lot
  • Heat Type: Central
  • Air Conditioning: Central Air
  • Sewer: Public Sewer
  • Substructure: CBS Construction

Financial

  • Sales Price: $595,000
  • Real Estate Tax: $6,447/yr
  • Zoning: 5700
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1850 NW 24th Ct

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