Mansions Collection - Luxury Homes Real Estate Collection

121 55th St
Miami, FL 33137

Priced at: $1,975,000
MLS: A11679941
Bedrooms:
0
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
4,176 Sq Ft
Year Built:
1924
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. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!

Fees

Tax Year:
2023
Tax Amount:
$17,376

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MLS: A11679941
121 55th St, Miami, FL 33137
Price: $1,975,000
Listing courtesy of City Group Consulting, LLC

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

William PD Pierce Luxury Realestate
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