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For Sale | Royal Apartments

Market Price

3525 NW 35th Ave, Miami, FL 33142

Active
Last Updated: 04/13/2021

6,892 sqft

Building Size

0.32 acres

Lot Area

Details:
Building Size:    6,892 sqft
Lot Area:    0.32 acres
Class:    C
Units:    14
Year Built:    1974
Floors:    2
Description:

Magnificent 14 units apartment complex boasting over 30% of the tenants have been there more than 10 years. This beautiful complex is located in one of South Florida most desirable areas. It has a monthly gross just shy of $14,000 giving the new owner room to increase monthly income. In Miami, Florida Section 8 Fair Market Rent for Miami Dade County is the following: efficiency $950 per month, one bedroom $1147 per month, and two bedroom $1454 per month. Now here's the best part, two of the efficiency units are large enough to be converted into one bedrooms, has two new roofs less than 6 months old, new security cameras, new asphalt parking areas, posted reserved parking for all tenants, impact doors and so much more. Come visit and see for yourself, please contact owner John at 305-790-6941 or johnjudice@att.net. Broker commission is 4%. Preferred cash only however, owner financing will be available.

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