Tranquilla Fourplex For Sale
121 Ne 55th St, Miami, FL 33137

$1,750,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11739510
  • Virtual Tour: YES
  • List Price: $1,750,000
  • Living Area: 4176 Ft² / 388 M²
  • Price Per Foot/Meter: $419 / $4,511
  • Taxes:$18,688
  • Year Built:1924
  • Listing Date:February 5, 2025
  • Days On Market:166

Description


*** 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.

Features


  • Floor:Other
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker