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Residential Income
$1,750,000
$1,875,000
7%
121 NE 55th St Miami, FL

A11739510

405 of 524 for Sale
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an agent
  • Listed On:

    Feb 5, 2025
  • Days on Market:

    304
  • Year:

    1924
  • Taxes:

    $18,688 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

121 NE 55th St Miami, FL *** FINANCING !!! *** Buyer may qualify for a $1M loan, IO for 3 years @ market rate. This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential. Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside.

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For Sale Details

  • Floor Description

    Other

  • Heating Description

    None

  • Photo Count

    16

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1924

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