120 NW 7th Ave, Miami, Fl 33128

$1,050,000
Home» Listings» Downtown / Central Miami Zone» 33128» 120 NW 7th Ave, Miami, Fl 33128
300 Off-Market / Non-MLS Listings Nearby
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  • Remarks: Eleventrust is proud to present 120 Beach Holdings Group. 120 NW 7th Ave. is a (8) unit apartment building located in Little Havana near Miami River. 120 was built in 1925 with concrete slab, flat roof, fenced around, window AC, gated entry, security bars. The building has (8) one bedroom and one bath units averaging at 683 Sq. Ft. per unit which total to 5,467 Sq. Ft. The building sits on a 5,000 Sq. Ft. lot that is zoned T6-8-R. Currently the building is running at a 4.66% cap rate, investor has the opportunity to invest 5k-8k per unit to bring the one bedrooms to at least $1,250 and enjoy over a 7% return on his investment. Investor has the opportunity to knock down existing structure and build by right up to 18 units.
  • Property Description: Multifamily Apartments
  • PropertyType: Commercial/Industrial

Property Details

  • Address: 120 NW 7th Ave
  • MLS #: A10692977
  • Zip: 33128
  • Price: $1,050,000
  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • DOM: 136
  • Lease Term/Info: Month To Month Lease
  • Lot Sq Footage: 5000
  • Parcel Number: 01-02-00-070-1210
  • Prop Type/Type of Building: Apartments
  • Property SqFt: 5000
  • Status: Active
  • #Tenants: 8
  • #Toilets: 8
  • #Units: 8
  • Year Built: 1925

Interior Features

  • Fire Protection: Smoke Detector
  • Floor Description: Tile Floors
  • #Floors: 2

Exterior Features

  • Acreage Description: 1/4 Acre Or Less
  • Approximate Lot Size: 5000
  • #Buildings: 1
  • Construction Type: CBS Construction
  • Electric Service: 101-200 Amps
  • Heating Description: Wall/Window Units
  • #Meters: 9
  • Parking Description: Street Parking
  • Rail Description: No Rail Service
  • Road Frontage: City Road
  • Road Type Description: One Way
  • Roof Description: Other Roof
  • Sewer Description: Public Sanitation
  • #Stories: 2
  • Style of Property: Income Non-Waterfront
  • Type of Building: Free Standing
  • Water Description: Public Water

Financial Information

  • For Sale: 1
  • Occupancy Percentage: 98
  • Sale Includes: Building & Land
  • Tax Amount: 10456
  • Tax Year: 2018
  • Tenant Pays: Interior Electric
  • Total Expenses: 38554
  • Type of Property: Income/MultiFamily
  • Vacancy Rate: 2
  • Zoning Information: 4601

This listing for the commercial property at 120 NW 7th Ave, Miami, Fl 33128 is courtesy of Eleventrust LLC.

All listing and other information for this 120 NW 7th Ave, Miami, Fl 33128 commercial industrial is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Real estate listings displayed on this site, including but not limited this commercial industrial listing for the property at 120 NW 7th Ave, Miami, Fl 33128, may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Information regarding property listings and otherwise is provided for consumer personal, non-commercial use, solely for the purpose of identifying real property for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. This 120 NW 7th Ave, Miami, Fl 33128 commercial industrial realty listing data comes from Miami MLS (multiple listing service) and is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. All MLS data displayed is deemed reliable but is not guaranteed accurate by the MLS, The Keyes Company, or James Mallory Hawkins PA.

Contact us for more information, thoughts about valuation, how to make an offer, etc., related to this 120 NW 7th Ave, Miami, Fl 33128 commercial industrial property, or other properties.

More Listed Commercial Properties in Zip 33128

Zip 33128 Commercial Realty Investment Profile

300 Off-Market / Non-MLS Listings Nearby

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0102000701210 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-2000-070-1210 (0102000701210)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records

Property Location*
Address: 120 NW 7 Ave
City: Miami
State: Florida
Zip Code: 33128-1570 (Listings)
County: Miami-Dade (Listings)
  –
Building Size – English*
Living Square Feet: 5,467
Actual Square Feet: 5,467
Adjusted Square Feet: 5,467
  –
Lot Size – English*
Lot Size (sf): 5,000
Lot Size (acres): 0.11
  –
Building Size – Metric*
Living Square Meters: 507.90
Actual Square Meters: 507.90
Adjusted Sq M: 507.90
  –
Lot Size – Metric*
Lot Size (sq m): 465
Lot Size (ha): 0.05
  –
Zoning & Land Use*
Land Use: 0803 – Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 4601 – Multi-family – 8 Story &
Municipal Zoning: T6-8 R (Miami)
All Listed | All Properties
  –
Prior Sale #1*
Type: Qual by exam of deed
Qual: Q
Date: 09/15/2015
Amount: $567,500
  –
Prior Sale #2*
Type: Qual by exam of deed
Qual: Q
Date: 05/28/2014
Amount: $500,000
  –
Prior Sale #3*
Type: Qual by exam of deed
Qual: Q
Date: 10/25/2010
Amount: $567,500
  –
Taxable Values*
Tax Year: 2018
Land: $300,000
Building: $199,202
Total: $499,202
Assessed: $499,202
County Taxable: $499,202
City Taxable: $499,202
Mill Code: 0100
  –
Ownership*
Owner 1: Beachfront Holdings Group Inc
Owner 2:
Mailing Address: 16850 112 Collins Ave #495
Mailing City: Sunny Isle
Mailing State: Fl
Mailing Zip: 33160
Mailing Country: USA
  –
Building Information*
Bedrooms: 8
Bathrooms: 8.00
Stories: 2
Units: 8
Year Built: 1925
Effective Year Built: 1925
  –
Legal Description*
Legal Description Concatenated: CITY OF MIAMI SOUTH PB B-41 N50FT OF LOTS 19-20 BLK 7 LOT SIZE 5000 SQUARE FEET OR 11392-1273 0382 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Current Traffic Map:

Birdseye Aerial View:

The above birdseye aerial view and current traffic map are created using the address recorded with the county property appraiser for the folio entered for this listing. It is provided on a best efforts basis only and is not guaranteed.