Interior
- Bathrooms
- 0
- Cooling
- Central Air
- Heating
- Central
516 NW 57th Ave, Miami, FL 33126
MultiFamily · Active
$2,100,000
Miami Foreclosures & Bank-Owned Properties
516 NW 57th Ave, Miami, FL 33126
- Bedrooms
- —
- Bathrooms
- 0
- Interior
- — sq ft
- Price / sq ft
- —
- Built
- 1974
- Lot
- 9,760 sq ft
The residence
Building located in the heart of Miami, Approximately 5 minutes from MIA , surrounded by different businesses such as Pollo Tropical, CVS, Wendys, Burlington, etc. This is a Shopping Center that has just passed 40 year re-certification. All the due repairs have been done this year. It is a great opportunity to acquire a Shopping Center with 14 units at a magnificent price.
Property location
Get Directions516 NW 57th Ave, Miami, FL 33126
Loading property location…
Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1974
- Lot size
- 9,760 sq ft
Parking
- Covered spaces
- 0
- Parking features
- Accessible Parking, Common, Guest
HOA, Community & Financials
- Annual tax
- $22,067
- County
- Miami-Dade
- Days on market
- 0
- MLS listing ID
- A12117796
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,624
- Cap rate
- 4.2%
- Net yield
- 4.2%
- Cash-on-cash return
- -5.4%
- Gross yield
- 6.6%
- Mortgage payment
- $9,955/mo
- Down payment
- $525,000
- Loan amount
- $1,575,000
- Annual NOI
- $87,973
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.