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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 1,250,000

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Price Dropped by $430K

1151 NW 6th St Miami, FL 33136

3,832 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,832 sqft

Price per Sqft $326

Subdivision Lawrence Estate Land Co

MLS Listing ID A11780170

Style Fourplex

Construction Status Unknown

HOA Y/N No

Year Built 1925

Annual Tax Amount $14,278

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Investors and Developers! Prime location just blocks Brickell & adjacent to the Miami River. 5-unit multifamily property in area w significant new development happening. Two detached structures: a front single family 2/1 house with a remodeled interior, and a permitted basement. Rear building w 4 units—one 1/1 and three 2/1's. Plus, a laundry shed on-site. The rear building's roof is 3 years old, and the front house roof is about 10 years old. Many electrical and plumbing upgrades have been made, including PVC drain replacements. The property passed the 40/10 Year building recertification in 2024. Each unit has its own FPL meter, and there is one water meter. Currently rented at $8,650 month with room to increase rents and add value. Most leases expire DEC 2025

Location

State FL

County Miami-dade

Community Lawrence Estate Land Co

Area 41

Interior

Heating None, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Exterior

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Flat,Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block,Pre-Cast Concrete,Frame,Other,Stucco

Construction Status Unknown

Others

Tax ID 01-41-02-005-0200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11780170

Listed by Realty World Executive Homes

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

1151 NW 6th St Miami, FL 33136

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1151 NW 6th St