441 NW 25th Ave $1,100,000
Listing provided courtesy of: Fausto Commercial Realty Consultants Inc
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Property Details
Fausto Commercial is pleased to present 441 NW 25th Avenue, Miami FL, a 4-unit apartment community located in Little Havana. The p4 two-bedroom/one-bathroom units totaling 3,400 rentable sqft. Built in 1925 and fully remodeled in 2020. Siituated on 7,000 SqFt. of land. The property is being offered for sale at $1.1M representing a 4.33% cap rate based on current in-place income and 5.17% based on Proforma income after increasing rents to market average. This property is in a location that is experiencing massive growth combined with stable tenants that will not only benefit the immediate community but also the city in general. Adjacent to East Little Havana and Coral Gables, the location is in close proximity to Brickell/Downtown and centric to all the region???s major employment centers.
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General Features
- Waterfront Y/N false
- Association Y/N false
- Private Pool Y/N false
- Senior Community Y/N false
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Property Features
- Lot Size Acres 0
Contact
Neighborhood
33125 (Miami) Demographics
43 Median Age
14,945 Population Density (per sq. mile)
24% College Educated
$31,371 Estimated Median Income
5,793 Estimated Total Home Owners
15,923 Estimated Total Renters
27% / 73% Estimated Owner / Renter Divide
3 Estimated Average Household Size
60,347 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$355,000
Median Sales Price
21
Homes Sold
37
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $1,100,000 |
| 2/12/2022 8:08:00 PM | New Value: $1,100,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
All rights reserved by the Miami MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.