1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125 1268 NW 3rd St, Miami FL 33125
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$1,200,000
315 days
Active With Contract • 0 BEDS • 0 BATHS • 3,351 SQFT

Overview

Eleventrust is proud to present its newest exclusive listing, Marlins Park 4- Plex– Little Havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3,351 (average unit size is 837 sq. ft.). The individual units are being leased at $1,600 a month in rent (or $1.91). Market rents in the area for this product type are at $1,650 a month (or $1.97 sq. ft.). The projected Net Operating Income once fully occupied (Sept. 2020) is $52,060 with a potential to grow to $54,412 in year 2 with a 4.53% capitalization rate. No Parking.

Facts and features

Type:
Residential Income
Year Built:
2020
Heating:
• Central
Cooling:
• Central Air
Parking:
No Data
Lot:
No Data
Price/sqft:
$358

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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 ©2021-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: Eleventrust LLC