See Home Value
$814,144*
Multifamily - Off Market

211 NW 48th Pl

Miami, FL 33126
bedrooms
Studio
bathrooms
0 Bath
square feet
2092 Sqft
$480,000 - $586,000
Reference Base Price*
52.49%
Since Mar 1, 2021
FL-Miami
Primary Model

About This Property

Currently producing $34,200 in income/year, current tenants on a the 3/2 is on month-to-month and the 2/1.5 expires in June 2021. RENTS CAN BE INCREASED, Property can produce as an AirBNB investment while you live in one unit the other can produce up to 20k to 25k per year based on other property projections in the area. Built in 1971, it's a lot more modern than most multi-units available. The home has remodel kitchens, window shutters, both units have W/D  Original structure, no illegal additions, 12-year-old roof, all tiled. Each unit has a small backyard, all fenced. Parking for 6 cars, central a/c units, separate electricity and water meters. 7 minutes to coral gables/miracle mile and 5 minutes to Miami international Airport. Quiet neighborhood.

The manager has listed the unit size as 2092 square feet.
Unit Size
2,092Ft²
Days on Market
-
Land Size
-
Price per sqft
$255
Property Type
Multifamily
Property Taxes
$573
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold to Fernando Vargas $525,000
Sold to Fernando Vargas
Feb 1, 2021 No longer available -
No longer available
Jan 9, 2021 Price Decreased $533,900
↓ $6K (1.1%)
Price Decreased
Nov 26, 2020 Listed $540,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,612 ft²
$360/ft²
$580,000 Jul 16, 2023
$580,000 Oct 6, 2023
$604/mo
House
3 Beds
2 Baths
2,036 ft²
$290/ft²
$590,000 Nov 19, 2023
$590,000 Feb 29, 2024
$698/mo
House
3 Beds
2 Baths
1,782 ft²
$281/ft²
$500,000 Jul 12, 2023
$500,000 Feb 23, 2024
$482/mo
House
3 Beds
2 Baths
1,743 ft²
$330/ft²
$575,000 Aug 31, 2023
$575,000 Jan 8, 2024
$408/mo
House
3 Beds
3 Baths
1,559 ft²
$279/ft²
$435,000 Dec 10, 2023
$435,000 Mar 18, 2024
$92/mo
House
3 Beds
2 Baths
1,563 ft²
$384/ft²
$600,000 Feb 19, 2024
$600,000 Mar 28, 2024
$274/mo
Multifamily
Stu
-
1,786 ft²
$333/ft²
$595,000 Mar 26, 2024
-
$591/mo
Multifamily
Stu
-
912 ft²
$543/ft²
$495,000 Dec 28, 2023
-
$91/mo
House
3 Beds
1 Bath
2,024 ft²
$311/ft²
$629,500 Feb 12, 2024
-
$223/mo
Condo
3 Beds
2 Baths
1,308 ft²
$447/ft²
$585,000 Jan 8, 2024
-
$1,410/mo
House
3 Beds
2 Baths
1,351 ft²
$455/ft²
$615,000 Feb 7, 2024
-
$244/mo
Commercial
Loft
-
-
$495,000 May 24, 2023
-
$344/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201126
11/26/2020
Studio
-
2092 ft²
$540,000
bedrooms
Studio
bathrooms
-
square feet
2092 ft²
$525,000 -2.78%
06/03/2021
Steven Koleno
BAR Invest Realty LLC

Building Info

211 Northwest 48th Place 211 Northwest 48th Place, Miami, FL 33126
More about this Building
211 Northwest 48th Place
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About Western Miami


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