9001-9143 Sw 77th Ave, Miami, FL 33156

$4,500,000

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List Price
$4,500,000
Price Change
▼ $100,000 1775619102
MLS
A11962959
Complex Name
Dadeland Place Condo
Status
ACTIVE WITH CONTRACT
Type
Multifamily

Property Description

FIRE SALE! Price improved for this rare opportunity to acquire a 22-unit condo portfolio located within two well-located condo buildings in the heart of Dadeland (Miami 33156): 9143 SW 77th Ave and 9001 SW 77th Ave. Portfolio includes 7 three-bedroom units, 6 two-bedroom units, and 9 one-bedroom units, offering diversified unit mix and strong rental demand. Prime location near Dadeland Mall, US-1, Palmetto Expressway, Metrorail, Baptist Hospital, and major retail/employment centers. Exceptional 7%+ CAP rate based on current operations. Ideal for investors and or 1031 exchange buyers seeking stabilized cash flow in a high-demand rental submarket. Potential rental upside subject to condo rules. Do not disturb tenants. Showings by appointment only. Aggressively priced at $200K per unit.

Additional Information

Days on Market
123
Pool
Yes
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
Association Fee
$581
#Parking Spaces
22
Year Built
1971
Development Name
Dadeland Place Condo
#Stories
8
Construction Type
CBS Construction
Pool Description
In Ground
Section
2

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Listing Courtesy of DMG Realty, Contact: