28
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$1,600,000
Est. payment /mo
3,645 SqFt
Price Dropped by $300K
Address not disclosed Miami Springs, FL 33166
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,645 sqft
Price per Sqft $438
MLS Listing ID A11876792
HOA Y/N No
Year Built 1946
Annual Tax Amount $16,384
Tax Year 2024
Lot Size 8,125 Sqft
Property Sub-Type Multi Family
Property Description
Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami's most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all—while still enjoying the charm and prestige of Miami Springs.
All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular.
With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area
All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular.
With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area
Location
State FL
County Miami-dade
Area 31
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 05-31-20-034-0801
Ownership Self Proprietor/Individual
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11876792
Listed by Real Estate Sales Force
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