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10066 W Fern Street

Miami, FL 33157
  • $700,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: RX-11065028
Under Contract
$700,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,385
    SQFT
  • $505
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

Excellent Investment Opportunity in Prime Miami Location!Situated on an oversized lot, this fully renovated 4-unit property offers incredible cash flow potential for investors or the perfect opportunity to live in one unit and have the others cover your mortgage. In addition to the 4 units, this property includes an RV with 3 beds for added rental income.All units are currently occupied, generating stable and consistent income. Recent renovations have updated the property from floor to ceiling, including a brand-new roof, impact windows and doors, updated electrical systems, AC and stunning new kitchens and bathrooms throughout.This is a rare opportunity to own a turnkey quadplex in a rapidly growing and highly desirable Miami neighborhood. Don't miss your chance!

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www.bocaraton-luxuryhomes.com/homes/160780392
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10066 W Fern Street Miami, FL 33157

  • Price: $700,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • ID#: RX-11065028
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1,385
SQFT
$505
$/SQFT
1950
Built
Neighborhood:
Map Of Perrine
County:
Miami-Dade
Area:
Miami
Property Description
Excellent Investment Opportunity in Prime Miami Location!Situated on an oversized lot, this fully renovated 4-unit property offers incredible cash flow potential for investors or the perfect opportunity to live in one unit and have the others cover your mortgage. In addition to the 4 units, this property includes an RV with 3 beds for added rental income.All units are currently occupied, generating stable and consistent income. Recent renovations have updated the property from floor to ceiling, including a brand-new roof, impact windows and doors, updated electrical systems, AC and stunning new kitchens and bathrooms throughout.This is a rare opportunity to own a turnkey quadplex in a rapidly growing and highly desirable Miami neighborhood. Don't miss your chance!
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features FenceOpen PatioOpen Porch Lot Description 1/4 to 1/2 Acre Private Pool YN No Roof Other Storm Protection Impact Glass Partial Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Other Flooring Tile Heating Other Unit1 Bedrooms 2 Unit1 Desc A/C UnitKitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 900 Unit2 Bedrooms 1 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 475 Unit3 Bedrooms 1 Unit3 Desc A/C Unit Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 400 Unit4 Bedrooms 1 Unit4 Desc A/C Unit Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 200

Property Features

Annual Net Operating Income 63600.00 Annual Total Expenses 0.00 Auction No Available Info Other Built Desc Resale Contingent Active Under Contract Contingents Appraisal Gated Community No Gross Operating Income 5300.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Greater Fort Lauderdale Realtors Multifamily Type Quad Plex Possession Funding REO No Restrictions Other Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 1543.00 Subdivision Amenities None Tax Amount 3793.44 Tax Year 2024 Taxes Homestead Tenant Pays None Terms Considered CashConventionalFHA Unit1 Monthly Income 2100.00 Unit2 Monthly Income 1050.00 Unit3 Monthly Income 950.00 Unit4 Monthly Income 950.00 Utilities None Zoning 3161

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Providence Real Estate Group, Inc.
6971 N Federal Hwy, E-204
Boca Raton FL, 33487