16041-16031 NE 18th Pl

North Miami Beach, FL
$ 1,349,700 Beds 0 Baths 0 Sq 5,676 Virtual Tour
Monthly Estimate* How much can I afford?

Very well located 9 unit multifamily, close to major roads such as 95, 826, 163, Biscayne, Collins, shopping plazas, providing a large pool of workforce that keeps the vacancy very low. New Roofs on both buildings, 6 out of 9 units are remodeled. Take advantage of the low market interest rates, great cash on cash deal! Buildings Net Rent Income is $90,550 YTD, Yields 6% if paid in cash, Over 8% with financing. Do not disturbed the tenants (Financials Attached)

Income

  • Price
  • $ 1,349,700
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,676
  • Full Bathrooms
  • 0
  • Year Built
  • 1957
  • Half Bathrooms
  • 0
  • City, Zip
  • North Miami Beach
  • Taxes
  • 7700
  • County
  • MIAMI-DADE
  • Style
  • Fourplex
  • Area
  • 22
  • MLS#
  • A10997096
  • Zip
  • 33162
Listing Provided by: Home Wiz USA
Data Source: Southeast Florida MLS SEFMLS

Features

General

Architectural Style Fourplex
Cooling CentralAir, CeilingFans, Electric
Flooring Other
Heating Central, Electric
Levels One
MLS Area 22
Pool Features None
Property SubType Quadruplex
Property Type ResidentialIncome
Rent Includes HotWater
Roof Shingle
Sewer PublicSewer
Terms Cash, Conventional, Item1031Exchange
Year Built Details Resale
Zoning Description 3800

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Living Area 5676.0

Exterior Features

Building Area Total 5676.0
Covered Spaces 0.0
Lot Features Item14Acre
Lot Size Units SquareFeet
Total Parking 9.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Doral, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/10/2021 Listed $1,449,000
3/1/2021 4% - $1,399,700
5/2/2021 4% - $1,349,700

Property vs Zip Code Average in 33162

Price
AVG $810K
$1.35M
Taxes
AVG $6,279
$7,700
Visits
AVG 48
44
Year Built
AVG 1966
1957
Walkscore
AVG 69
81
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

16041-16031 NE 18th Pl North Miami Beach, FL is a Single Family Home for sale at $1349700 with 5676 sqft and a lot size of Acre(s). 16041-16031 NE 18th Pl North Miami Beach has 0 bedrooms, 0 baths and was built in 1957. The property's zip code is 33162 which is in North Miami Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.