South Elmira

$1,600,000

701 NE 67th St, Miami, FL 33138

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 04/03/2025

Details:

Building Size: 3,865 sqft

Units: 2

Year Built: 1926

Floors: 2

Parking Spots: 4

Gross Leaseable Area: 3,865

Offered by

Joel Rodriguez

Principal/Broker

Global Investments Realty

Request Info to Unlock

Highlights:

Lot Features: 1/4 To Less Than 1/2 Acre Lot
Documents Available: Copy Of Lease(S), Rent Rolls
Architectural Style: Attached
Cooling: Other
Heating: None
Flooring: Other, Wood

Description:

Global Investment Realty is pleased to present one of a kind "Upper East Side" property. Largest double lot, 701 NE 67 St and 695 NE 67 St, with great assemblage opportunity. Total lot of 14,375 SF with a two-story building that comprises 2 residential units. Zoned T3-L residential single-family and ancillary units. Mediterranean construction, surrounded by trees and greenery. The main house has wood floors, a fireplace and a sundeck.
Income property fully leased withan annual income $114,000.00 and NOI $69,748.00 (A/O 1/31/2025). Few steps from Palm Bay Towers, Biscayne Bay, Legion Memorial Park and Biscayne Blvd., including trendy cafes and restaurants and private schools. It is a few minutes’ drive to Morningside, Midtown/Wynwood, Design District, and 15 minutes to beaches.