8982 NW 5TH AVE El Portal, FL 33150

SOLD FOR
$560,000
$650,000 (7.7%)
5
Beds
2
Baths
1,919
Sq.Ft.

Overview

  • Status: Closed
  • Bed(s) 5
  • Bath(s) 2
  • Half Bath(s) 0
  • Parking No info
  • Size: 2,714 ft2/252.14 m2
  • Price Per: $221.08 ft2/$2,379.64 m2
  • Type: Single Family Home
  • Built: 1939
  • HOA: No info
  • MLS Number: A11631443
  • View Garden
  • On Site: 144 days
  • Updated: Listing Refreshed: 17 Days Ago

INVESTORS OPPORTUNITY!!! 2-UNIT MULTIFAMILY (DUPLEX) IN 16,000 SQFT LOT ZONED TO BUILD UP TO 9 UNITS. PROPERTY IS FULLY OCCUPIED WITH LONG TERM TENANTS UNDER CURRENT LEASE CONTRACTS COLLECTING $4,000 ON MONTHLY RENTS. THE MAIN HOUSE IS A 3/1 AND THERE IS A 2/1 EFFICIENCY ON THE BACK WITH INDEPENDENT ENTRANCE AND FPL METER. EXCELLENT LOCATION ACROSS EL PORTAL, i95 EXPRESSWAY ACCESS AND CLOSE TO MIAMI SHORES AREA. LOTS OF POTENTIAL FOR EXPANSION OR NEW CONSTRUCTION, PLENTY OF PARKING SPACES, WON’T LAST!!!

Price History

DateEventPriceChange RatePrice Per
12/03/2024Sold$560,000.006.7%$206.34 ft2/$2,221.00 m2
09/07/2024Price Reduced$600,000.004.0%$221.08 ft2/$2,379.64 m2
08/19/2024Price Reduced$625,000.003.8%$230.29 ft2/$2,478.79 m2
07/29/2024Listed$650,000.00$239.50 ft2/$2,577.95 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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