Overview
Closing Costs Calculator- Status: Closed
- Parking No info
- Size: 3,552 ft2/329.99 m2
- Price Per: $492.68 ft2/$5,303.17 m2
- Type: Multifamily
- Built: 1936
- HOA: No info
- MLS Number: A11453884
- View No info
- On Site: 244 days
- Updated: 22 Days Ago
- Page Views: 13
**BEST PRICE 6-PLEX PRICE $283k/DOOR ON NORMANDY ISLES- CALL FOR OFFERS DISCOUNTED AT 1.75M 6% CAP **Renovated 6-unit multifamily w/6 assigned parking spaces STEPS from units (HUGE RENTER DEMAND) + 20% upside in existing rents & massive value add: IN-PLACE NOI- $104,839; proforma GI is $240K CAPEX- Seller expended over $150K in last years including recent upgrades- i.e. installing new plumbing/sewer line Jan-2024 w/50-year warranty, two new AC units, renovations, landscaping, irrigation system, etc. since listing. OWNER DELIVERING TURNKEY CONDITION WITH NO MAJOR CAPEX REQUIRED BY NEW BUYER (VS MOST AREA MULTIFAMILIES ON MARKET)
Contact AdvisorDevelopment Amenities
Development Amenities:
- Basketball Court
- Beach Rights
- Bike Storage
- Billiard Room
- Boat Dock
- Clubhouse / Clubroom
- Elevators
- Fitness Center
- Golf Course
- Playground
- Pool
- Private Membership
- Sauna
- Spa Hot Tub
- Storage
- Tennis Court
- Trails
- Trash Chute
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
04/25/2024 | Sold | $1,700,000.00 | 2.9% | $478.60 ft2/$5,151.65 m2 |
04/03/2024 | Price Reduced | $1,750,000.00 | 2.8% | $492.68 ft2/$5,303.17 m2 |
03/20/2024 | Price Reduced | $1,800,000.00 | 2.7% | $506.76 ft2/$5,454.69 m2 |
02/12/2024 | Price Reduced | $1,849,900.00 | 1.3% | $520.81 ft2/$5,605.90 m2 |
01/15/2024 | Price Reduced | $1,875,000.00 | 8.5% | $527.87 ft2/$5,681.97 m2 |
09/16/2023 | Listed | $2,050,000.00 | $577.14 ft2/$6,212.28 m2 |
Features
Property Details for 6955 Rue Vendome (6-plex), Miami Beach, FL 33141
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Ceramic Tile
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1936
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Oceanside
- Subdivision Name: OCEANSIDE SEC ISLE OF NOR
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 09/16/2023
- Closing Date: 04/25/2024
- Directions: Massive value add to unlock via multiple avenues: • Strategy 1: Add four (4) for units to existing footprint (total 10)- proforma $240K GI. ***Financing options available. Please contact OZMO, the financing broker on this property.
- Area: 32
- Brokered By: Real Estate Sales Force
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $15,654.00 (2023)