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Income/MultiFamily - for Sale

8295 NE MIAMI CT, MIAMI, FL 33138

Asking Price$1,299,000

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  • Days on market:

    3 day(s)
  • Original Price:

    $1,299,000
  • Tax Legal Description:

    12 53 41 LITTLE RIVER GDNS PL BLKS 18 TO 23 INC PB 6-153 LOT 20 BLK 20 LOT SIZE 8000 SQUARE FEET OR 20713-3754 1002 4
  • Property Type:

    Income/MultiFamily
  • Parking:

    Assigned On Street Additional Spaces Available
  • Inclusions:

    Building & Land
  • Construction Type:

    Cbs ConstructionConcrete Block Construction
  • Roof:

    Concrete
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Electric
  • Special Listing Conditions:

    Sale

Description

$1,299,000

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.

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