Interior
- Bathrooms
- 0
Active · MultiFamily
$3,200,000
437 NE 30th St, Miami, FL 33137
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1918
- Lot size
- 5,500 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Property is an two-story building, totaling 7 living units in a 5,500 square feet lot size, according to the Miami Dade Property Appraiser. Property is located in a premium and highly sought after neighborhood which continues to grow, Edgewater; that includes the most successful projects in unit sales in recent years, besides Brickell and Downtown. Units are leased in a month-to-month basis, offering flexibility for future ownership plans. Favorable T6-36a (L) zoning designation allows up to 66,000 buildable square feet and 18 units, plus the possibility of adding up to 40% of Floor Lot Ratio (FLR) via public benefit. Perfectly located next to Biscayne Blvd., 15-minute drive to Miami Airport, and 5-minute drive toDesign District, Wynwood, Brickell and Downtown Miami. Driving Directions:
Property location
Get Directions437 NE 30th St, Miami, FL 33137
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1918
- Lot size
- 5,500 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11803248
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$6,263
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $15,170/mo
- Down payment
- $800,000
- Loan amount
- $2,400,000
- Annual NOI
- $106,880
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.