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167 NW 38th St

Miami, FL 33127
  • $3,000,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: A11326188
Price Reduced
$3,000,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Are you looking for a cash flow producing income property every month? 167 NW 38th St. Is a lovely remodeled, gated 8-Unit property adjacent to the Miami Design District and just 10 minutes by car to the Miami International Airport and to the Beach. The property has undergone a complete gut renovation over the past 3 years. All permits have been finalized and closed. 40-year recertification in 2020. Certificate of Occupancy in 2022. The property is currently being marketed 100% occupied as a short-term income-producing property, its T4-O commercial zoning, it has many other uses By Right including multifamily, bed and breakfast, Inn, offices, and much more. Unique development like that in this hottest area in Miami.

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Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-03-22T23:50:31.043.
www.miamirealestatesharks.com/homes/136112324
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167 NW 38th St Miami, FL 33127

  • Price: $3,000,000
  • Status: Active
  • On Site: 64 Days
  • MLS #: A11326188
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1925
Built
County:
Miami-Dade
Property Description
Are you looking for a cash flow producing income property every month? 167 NW 38th St. Is a lovely remodeled, gated 8-Unit property adjacent to the Miami Design District and just 10 minutes by car to the Miami International Airport and to the Beach. The property has undergone a complete gut renovation over the past 3 years. All permits have been finalized and closed. 40-year recertification in 2020. Certificate of Occupancy in 2022. The property is currently being marketed 100% occupied as a short-term income-producing property, its T4-O commercial zoning, it has many other uses By Right including multifamily, bed and breakfast, Inn, offices, and much more. Unique development like that in this hottest area in Miami.
Exterior Features

Construction Materials InsulatedSheet Rock Fencing Fenced Inclusions Building & LandFurnitureEquipmentFurniture/FixturesInventoryLicense Lot Features City Location Parking Features Free ParkingOn Street Pool Private YN No Roof Built-Up View YN No Waterfront YN No

Interior Features

Building Area Total 5928 Cooling Other Flooring TileVinyl Heating Central Electric Heating YN Yes Stories 2 Window Features Clear Impact GlassComplete Impact Glass

Property Features

Association YN No Business Type Commercial/Residential IncomeHotel/Motel Cooling YN Yes Documents Available Appraisal Green Energy Efficient AppliancesHvacInsulationLightingRoofWater Heater Horse YN No Land Lease YN No Lease Considered YN Yes Listing Terms Options AvailableOther Lease TermsSub-LeaseAll CashConventional/RefinanceCryptocurrency New Construction YN No Ownership Corporation Property Sub Type Income/MultiFamily Public Survey Section 24 Security Features Smoke AlarmSmoke Detector(S)Fire Sprinkler SystemSecurity FenceSecurity GateSecurity Lights Sewer Public Sanitation Special Listing Conditions Sale Structure Type CommercialHotel/Motel Tax Annual Amount 15202 Water Source Public Year Built Details Resale Zoning 4801

Listing courtesy of Luxe Properties: 305-809-7650.


Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-03-22T23:50:31.043.
 
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