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ResidentialIncome in North Miami Beach (1,375 sq ft) - Image 1
ResidentialIncome in North Miami Beach (1,375 sq ft)
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ResidentialIncome in North Miami Beach (1,375 sq ft)
16204 NE 18th Ct, North Miami Beach, FL 33162
$633,000
$460/sqft
0
Bedrooms
0
Bathrooms
1,375
Sq Ft
1952
Year Built

Description

***ALL-CASH INVESTOR/ CONTRACTOR OPPORTUNITY – After The Fact PERMIT PROCESS UNDERWAY*** Ideal for a contractor or experienced investor familiar with After-the-Fact permit processes. Property is being sold AS-IS, ALL CASH, with the permit process already underway. Each side has been renovated, kitchen, flooring, baths and new impact windows, (approx. 2 years new), home has also been connected to City SEWER, $23k value that seller has PAID, **Architectural drawings have been PAID and were already submitted to the City. A big savings to Buyer!** Prime location near Oleta River State Park, Sunny Isles Beach, Aventura Mall, and FIU Biscayne Bay Campus, with convenient access to US-1 and I-95. Each unit features a matching 2-bedroom, 1-bath layout with modern interiors. Situated on an oversized lot with excellent frontage and spacious backyards, each side feels like a private home. ***Seller motivated and willing to consider serious cash offers. ***Seller does not have experience completing the permit process and prefers a buyer finish the process, 3–4 week closing preferred. Proof of funds is required with AS IS OFFER. All Offers Considered. 70% of the process has already been started. City has been very easy to work with in assisting with the process.

Key Features

Built in 1952

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$633,000
20%
6.5%
Monthly Payment$3,201
Total Interest$645,885
Total Payment$1,152,285