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5979 NW 37th St

Virginia Gardens, FL 33166
Closed

Property Description

12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390’ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100’ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos

Property Details

Essential

  • StatusClosed
  • Days On Site979
  • Days To Sale232
  • MLS#A11463374
  • Property TypeResidential Income
  • Property Sub TypeQuadruplex
  • Number of Stories3.0
  • Property Size5,508 sqft
  • Lot SizeSquare Feet
  • Tax Amount$25,228
  • Tax Year2022
  • HOANo
  • HOA Fee$1 Annually
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026