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420 NE 70th St, Miami FL 33138

Commercial Recently Sold
$1,111,000

BTC: 12.49224857

ETH: 379.69924812

Sold on: 2022-02-16
5 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Awesome Opportunity Awaits! Location, Location, Location! Rare 6-unit income producing complex with two detached buildings in the Palm Grove/Ironside neighborhood in the heart of the MiMo District. Near Magic City, Design District, Midtown and Wynwood. All 6 units currently rented with below market rents. Perfect for an investor looking for great short-term value-add or long-term hold equity growth in one of Miami’s most burgeoning neighborhoods. Building #1 has four 1 bed-1 bath units and Building 2 has one 2 bed-1bath unit plus a studio unit, all fenced in for privacy. Possibility to add two more units or increase height to 3 stories per Miami 21 T4-R zoning, with entitled multi-family use, bed and breakfast use by Warrant, or educational use by Exception. Please do not disturb tenants.

Location

Florida • Miami • 33138 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1954
Lot:
10200 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Other / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Other

    Cooling

    • Other

    • Wall/Window Unit(s)

  • Lot

    • Lot: 10200 Square Feet

    Other Property Information

    • Parcel Number: 01-32-18-004-0910

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $8,690

  • Source details

    • MLS ID: A11146006

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location / Corner Lot

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Graber Realty Group LLC