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    1 NE 78th St

    Miami, FL 33138
    • $2,200,000
    • STATUS: Active
    • ON SITE: 203 days
    • MLS #: A10886739
    UPDATED: 108 min ago
    $2,200,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1971
    County:

    School Ratings & Info

    Description

    Fausto Commercial is pleased to present the Sea Breeze Apartments at 1 NE 78th Street in Miami Florida. This is a 13-unit apartment building located in the Upper East Side neighborhood of Miami. The property consists of 10 one-bedroom/one-bathroom units and 3 Studios totaling 7,496 rentable square feet. This property is a1970's vintage and fully remodeled in 2019-20 including all impact windows. Its situated on a 13,063Sq Feet of T6-8-0 land. The property is being offered for sale at $2,200,000 representing a 5.61% cap rate based on current in-place income. After increasing rents to market average, the year one cap is expected to rise to 7.78%. The Sea Breeze Apartments is located near 79th Street and North Miami Avenue, two major thoroughfares in Upper East Side.

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    Copyright 2021, 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 2021, 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 2021-01-21T23:41:39.07.
    www.roseharrisgroup.com/homes/107461817
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    1 NE 78th St Miami, FL 33138

    • Price: $2,200,000
    • Status: Active
    • Updated: 108 min ago
    • MLS #: A10886739
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1971
    Built
    County:
    Miami-Dade
    Property Description
    Fausto Commercial is pleased to present the Sea Breeze Apartments at 1 NE 78th Street in Miami Florida. This is a 13-unit apartment building located in the Upper East Side neighborhood of Miami. The property consists of 10 one-bedroom/one-bathroom units and 3 Studios totaling 7,496 rentable square feet. This property is a1970's vintage and fully remodeled in 2019-20 including all impact windows. Its situated on a 13,063Sq Feet of T6-8-0 land. The property is being offered for sale at $2,200,000 representing a 5.61% cap rate based on current in-place income. After increasing rents to market average, the year one cap is expected to rise to 7.78%. The Sea Breeze Apartments is located near 79th Street and North Miami Avenue, two major thoroughfares in Upper East Side.
    Exterior Features

    Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 7496

    Property Features

    Association YN No Business Type Apartments Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Public Survey Section 12 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 23947

    Listing courtesy of Fausto Commercial Realty Consultants Inc.


    Copyright 2021, 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 2021, 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 2021-01-21T23:41:39.07.
     
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    The Rose Harris Group | ONE Sotheby's International Realty
    550 South Dixie Highway
    Miami FL, 33146