5979 37th St ,Quadruplex, Sub Of Track A Of Sunset for Sale

5979 37th St for Sale

Price $4,150,000.00

• Lot size 5508
• Year Build 1965
• Waterfront
• Zip 33166
• Style
• Parking Description
• Pool Yes
• Status Active

Description

12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens ?Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time ?This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area ?Lot:43,560' (One Acre) EXISTING 12 UNITS:?08 1 BED/1BATH/480'ft ?04 STUDIO 390?ft. A PROJECTED OF 18 UNITS:?16-2 BED/2BATH/1,100?ft ?02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos

For private Showing 24 hours in advance... ask for Carlos. Do not disturb the tenants. Owner might finance.

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

1 To Less Than 2 Acre Lot

12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens ?Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time ?This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area ?Lot:43,560' (One Acre) EXISTING 12 UNITS:?08 1 BED/1BATH/480'ft ?04 STUDIO 390?ft. A PROJECTED OF 18 UNITS:?16-2 BED/2BATH/1,100?ft ?02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos

City:Virginia Gardens,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2022,Flooring:1:Other,Latitude:25.8083412,Cooling Y N:1,Heating Y N:1,List Price:4150000,Listing Id:A11463374,Longitude:-80.2945694,Mls Status:Active,Year Built:1965,Living Area:5508,Postal Code:33166,Street Name:37th St,Coordinates:1:25.8083412,Photos Count:15,Building Name:SUB OF TRACK A OF SUNSET,Days On Market:148,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:30,M L S Area Major:Sub Of Track A Of Sunset,On Market Date:2023-10-03,Parcel Number:26-30-25-011-0060,Parking Total:12,Property Type:Residential Income,Rent Includes:1:Gardener,2:Pest Control,3:Sewer,4:Trash Collection,5:Water,Stories Total:3,Street Number:5979,M I A M I R E_ Style:Fourplex,Public Remarks:12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens ?Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time ?This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area ?Lot:43,560' (One Acre) EXISTING 12 UNITS:?08 1 BED/1BATH/480'ft ?04 STUDIO 390?ft. A PROJECTED OF 18 UNITS:?16-2 BED/2BATH/1,100?ft ?02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos,Structure Type:1:Fourplex,Association Fee:1,County Or Parish:Miami-Dade County,List Office Name:Lokation,Private Remarks:For private Showing 24 hours in advance... ask for Carlos. Do not disturb the tenants. Owner might finance.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:5789,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:SUB OF TRACK A OF SUNSET,SUNSET ACRES,Tax Annual Amount:25228,Unparsed Address:5979 NW 37th St, Virginia Gardens FL 33166,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5508,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:753.4495,Original List Price:4150000,Public Survey Range:30,Documents Available:1:Copy Of Lease(S),2:Other Available Information,3:Rent Rolls,4:Service Contracts,I D X Participation Y N:1,Number Of Units Total:30,Syndication Remarks:12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens ?Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time ?This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area ?Lot:43,560' (One Acre) EXISTING 12 UNITS:?08 1 BED/1BATH/480'ft ?04 STUDIO 390?ft. A PROJECTED OF 18 UNITS:?16-2 BED/2BATH/1,100?ft ?02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos,Listing Contract Date:2023-10-03,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:5979,Tax Legal Description:25 53 40 1.00 AC SUB OF TR A OF SUNSET ACRES LOT 15 PB 42-9 LOT SIZE IRREGULAR,Public Survey Township:30,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2742,Association Fee Frequency:Annually,M I A M I R E_ Internet Remarks:12 rental units FULLY RENTED/18 units approved by Miami-Dade to built. Well maintained, excellent, location. Owner might finance.,Contract Status Change Date:2023-10-03,Internet Address Display Y N:1,M I A M I R E_ Temp Off Market Date:2024-02-28,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:753.45,