DMG Realty
Listed by DMG Realty
$4,500,000
Dadeland Place
Details
APN 30-50-02-089-1150
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 21,550
NOI $321,885
Year Built 1971
Stories 8
Lot Size (SqFt) 21,550
Zoning 5000
Parking Spaces 22 spaces
Parking Per SqFt 1.02
Multifamily
Marketing 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.
Listing Contacts
DMG Realty
Listed by DMG Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$321,885.00
$26,823.75/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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