This Multifamily Property is no longer advertised on LoopNet.com.

3079 NW 11th St
Miami, FL 33125
Multifamily Property For Sale · 12 Units

Investment Highlights

  • Under marker rents for 3 bed / 2.5 bath townhomes with patio rented for $1,600. Property cash flows at 5.52% cap rate.
  • The property is located a few blocks west of of the Dolfin Expressway, 836, 27th Ave exit.
  • Upon raising rents to $2,000 per unit, cap rate increases to 7.57%. Cash on Cash to 10.83%.

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.86 AC
Building Size 15,888 SF
Average Occupancy 100%
No. Stories 2
Year Built 1984
Parking Ratio 2.52/1,000 SF
Zoning T3-O - 5700-GENERAL DUPLEXES

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Yard
  • Family Room

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 12 - -

Property Taxes

Property Taxes

Parcel Number
01-3133-022-0300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,274,800
  • Listing ID: 21591974

  • Date on Market: 11/24/2020

  • Last Updated:

  • Address: 3079 NW 11th St, Miami, FL 33125

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}