Home» Listings» Downtown / Central Miami Zone» 33128» 400 NW South River Dr
GREAT CASH FLOW! ACTUAL CAP RATE 7.44%. CURRENT ANNUAL GROSS INCOME OF $266,280.00. Great investment opportunity in one of Miami's hottest markets. Located in high demand rental area. 11 units. 2 buildings. Fantastic unit mix of 2/1s. This opportunity is a turnkey investment. Current owners have beautifully renovated each unit with new floors, new bathrooms and new kitchens. The Little Havana market is witnessing incredible rent increases due to the strong rental demand in this area. Located near Brickell and Downtown Miami.
This listing is courtesy of Ian Lazaro Osorio at London Foster Realty em:ianreiservices@gmail.com ph:786-399-6569.
More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0141380030100 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.
Miami-Dade County Information for Folio 01-1380-003-0100 (0141380030100)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 400 NW S River Dr
City: Miami
State: Florida
Zip Code: 33128-1461 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 5,320
Actual Square Feet: 5,320
Adjusted Square Feet: 4,724
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Lot Size - English*
Lot Size (sf): 3,720
Lot Size (acres): 0.09
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Building Size - Metric*
Living Square Meters: 494.24
Actual Square Meters: 494.24
Adjusted Sq M: 438.87
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Lot Size - Metric*
Lot Size (sq m): 346
Lot Size (ha): 0.03
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Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6107 - Residential-medium Retail
Municipal Zoning: T5 L (Miami)
All Listed | All Properties
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Prior Sale*
Type: Partial interest
Qual: U
Date: 10/11/2023
Amount: $1,296,800
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Prior Sale #2* (Second to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 07/23/2021
Amount: $1,450,000
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Prior Sale #3* (3rd to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 04/27/2018
Amount: $1,060,000
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Taxable Values*
Tax Year: 2023
Land: $186,000
Building: $265,016
Total: $451,016
Assessed: $451,016
County Taxable: $451,016
City Taxable: $451,016
Mill Code: 0100
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Ownership*
Owner 1: Landfair Chaffee Partnership
Owner 2: C/o Landfair Chaffee Partnership
Mailing Address: 382 Ne 191 St Pmb 78674
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33156
Mailing Country: USA
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Building Information*
Stories: 2
Units: 8
Year Built: 1923
Effective Year Built: 1923
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Legal Description*
Legal Description Concatenated: 38 54 41 RIVERVIEW PB 5-43 E115.4FT OF S40FT LOT 11 BLK B LOT SIZE 3720 SQUARE FEET OR 21238-0080 04 2003 5
*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.