24
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$1,299,000
Est. payment /mo
4,540 SqFt
New
8295 NE Miami Ct Miami, FL 33138
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,540 sqft
Price per Sqft $286
MLS Listing ID A11857974
HOA Y/N No
Year Built 1972
Annual Tax Amount $15,900
Lot Size 8,000 Sqft
Property Sub-Type Multi Family
Property Description
Fausto Commercial presents 8295 NE Miami Ct, a strong multifamily investment in an Opportunity Zone with tax incentives. Built in 1972, the 4,540 SF property on an 8,000 SF lot offers T5-O zoning and a mix of one 2-bed/1-bath and five 1-bed/1-bath units. Features include new AC units, glass sliding doors, four balconies, and nine parking spaces. Strong rents, high Section 8 income, and very low expenses—thanks to a concrete roof that keeps wind insurance costs minimal—deliver exceptional performance even in today's interest rate environment. 40 year recertification done in 2023. With upside in market rents and redevelopment potential, this asset offers cash flow and long-term growth in one of Miami's fastest-rising corridors.
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Roof Type Concrete
Total Parking Spaces 9
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 01-31-12-013-0232
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11857974
Listed by Fausto Commercial Realty Consultants Inc
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