Address
177 NE 50th St Miami, FL
Price
$ 3,950,000
Property Attributes
  • MLS#A10702908
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • Zip33137
  • StyleMultiFamily
  • Year Built1926
  • Taxes18970
  • Price$ 3,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,800 SqFt
Listing Provided Courtesy Of:
Riviera Horizons LLC
Property Description

Assumable Loan of $2,400,000 with 3.85% interest rate. Contact me for full Offering Package. Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami. Sale can include an additional two ~6,380-square foot lots located at 160 NE 50 Terrace and 169 NE 50th St for an additional $1,250,000 (total purchase price of $5,600,000) that are contiguous with Design District Studios. The property's unit mix is comprised of 23 studios. The property was constructed in 1926 and it was completely rehabbed in 2013. Located in Opportunity Zone // AAA Location- Next to Wynwood and Edgewater // High Barriers-to-Entry Market // Gated and Secured Property // Completely Remodeled/Rehabbed in 2013 // Ample Parking for Tenants

Price History
7/8/2019 Listed $4,350,000
11/1/2019 10% - $3,950,000

General Features

Flooring Wood
MLS Area 32
Property SubType MultiFamily
Property Type CommercialSale
Total Units 23
Zoning Description 3900

Exterior Features

Covered Spaces 0.0
Lot Size Area 6800.0
Lot Size Square Feet 6800.0
Number of Buildings 1
Number of Separate Electric Meters 24
Structure Type MultiFamily
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33137

Price
AVG $3.32M
$3.95M
Taxes
AVG $23,340
$18,970
Visits
AVG 30
122
Year Built
AVG 1966
1926
Walkscore
AVG 83
88
Data Provided by Walkscore ® not using MLS data

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