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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

5979 NW 37TH ST, VIRGINIA GARDENS, FL 33166

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Multi Family - SUB OF TRACK A OF SUNSET for Sale

5979 NW 37TH ST, VIRGINIA GARDENS, FL 33166

Asking Price$4,150,000 Change Price$350,000

  • Living 5508sqft
  • Taxes $25,228
  • Year Built 1965

  • Days on market:

    85 day(s)

  • Adjusted Area:

    2742 sqft

  • Original Price:

    $4,500,000

  • Price per sqft:

    $753.45

  • Tax Legal Description:

    25 53 40 1.00 AC SUB OF TR A OF SUNSET ACRES LOT 15 PB 42-9 LOT SIZE IRREGULAR

  • Tax Year:

    2021

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Construction Type:

    Cbs ConstructionConcrete Block With Brick

  • Roof:

    Barrel Roof

  • Cooling Description:

    Electric

  • Heating Description:

    Electric

  • Floor Description:

    Ceramic Floor

  • Lot Features:

    1 To Less Than 2 Acre Lot

  • Type of Association:

    None

Description

$4,150,000 • living size area 5508 sqft

Redevelopment opportunity and approved project, retire owner is giving away an excellent opportunity. a very well located one acre lot (43,560 sq ft), could be rezoned to built a 200/250 hotel units. this property already has an existing 12 rental units and also has a project to build 18 units already approved by miami-dade and virginia gardens.excellent location close to doral, miami springs,826 hwy and miami international airport,in the exclusive area of virginia garden. property contains 12 existing rental units generating a yearly gross income of $186,600.the approved project for the 18 new units will generate a gross income of $481,200 in today's rental market price (there is room to go up).this ideal package will allow a total of 30 rental units or rezoned to built a 200/250 hotel.
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