Miami, FL 33138 8295 NE Miami Ct
$1,299,000
Pending
19 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Beds • 6
Baths • 6
SQFT • 4,540
Home Details
Fausto Commercial presents 8295 NE Miami Ct, a strong multifamily investment in an Opportunity Zone with tax incentives. Built in 1972, the 4,540 SF property on an 8,000 SF lot offers T5-O zoning and a mix of one 2-bed/1-bath and five 1-bed/1-bath units. Features include new AC units, glass sliding doors, four balconies, and nine parking spaces. Strong rents, high Section 8 income, and very low expenses—thanks to a concrete roof that keeps wind insurance costs minimal—deliver exceptional performance even in today’s interest rate environment. 40 year recertification done in 2023. With upside in market rents and redevelopment potential, this asset offers cash flow and long-term growth in one of Miami’s fastest-rising corridors.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 8295 NE Miami Ct
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
General for 8295 NE Miami Ct
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
Contingency3rd Party Approval
CoolingCentralAir
CountyMiami-Dade
Garage Y/NNo
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description12 53 41 LITTLE RIVER GDNS PL BLKS 18 TO 23 INC PB 6-153 LOT 20 BLK 20 LOT SIZE 8000 SQUARE FEET OR 20713-3754 1002 4
Listing TermsCash, Conventional
Lot Size Square Feet8000.0
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income102936.0
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofConcrete
Senior Community Y/NNo
SewerPublicSewer
Standard StatusPending
StatusPending
Structure TypeApartment
Tax Annual Amount15900.0
Tenant PaysElectricity, HvacMaintenance
Virtual TourClick here
Year Built1972
Zoning Description6101
Exterior for 8295 NE Miami Ct
Building Area Total4540.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area8000.0
Number of Separate Electric Meters6
Parking FeaturesAssigned, OnStreet
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Johanna Iscano
Realtor®
