11520 NE 6th Ave Biscayne Park FL 33161 MLS #A11527972

11520 NE 6th Ave
Biscayne Park, FL, 33161
$3,100,000
Beds
0 Baths
6,700 SqFt
0 Acres
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This 12-unit boutique building is located in the heart of North Miami, small city of Biscayne Park, just a few blocks from shops such as Whole Foods, Publix, Home Depot, CVS, Walgreens and more. Biscayne park has only private houses except for two 2-story apartment buildings, one of which is this one. The building consists of 12 studios. Most units feature upgrades consisting of new flooring, updated kitchens, bathrooms and appliances. The property features on-site laundry room and a large parking area. The building offers an investor the opportunity to purchase a greatly located stable cash flowing asset with potential rent increase. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten.

Property Details

Price:
$3,100,000
MLS #:
A11527972
Status:
Active
Beds:
0
Baths:
0
Address:
11520 NE 6th Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Biscayne Park
Listed Date:
Feb 7, 2024
State:
FL
Finished Sq Ft:
6,700
Total Sq Ft:
6,700
ZIP:
33161
Year Built:
1939
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Schools

Interior

Cooling
Wall/ Window Unit(s)
Flooring
Wood
Heating
Wall/ Window Units

Exterior

Construction Materials
Frame With Stucco, Stucco
Parking Features
Common, Free Parking, Guest

Financial

Net Operating Income
$155,236
Tax Year
2023
Taxes
$36,471

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Community

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