Miami, FL 33138,8295 NE Miami Ct
Miami, FL 33138,8295 NE Miami Ct
Miami, FL 33138,8295 NE Miami Ct
Miami, FL 33138,8295 NE Miami Ct
Miami, FL 33138,8295 NE Miami Ct
Miami, FL 33138,8295 NE Miami Ct
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$ 1,299,000
Est. payment | /mo

4,540 SqFt


$ 1,299,000
Est. payment | /mo

4,540 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,540 sqft

Price per Sqft $286

MLS Listing ID A11857974

HOA Y/N No

Year Built 1972

Annual Tax Amount $15,900

Lot Size 8,000 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Roof Type Concrete

Total Parking Spaces 9

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 01-31-12-013-0232

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11857974

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc
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8295 NE Miami Ct