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1431 Nw 71 Street
Miami, FL 33147
$26,500,000
Active
17+
$26,500,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
66
DOM
1431 Nw 71 Street Miami, FL 33147
Beds, Baths, Multi Family Sq.Ft.

Great Opportunity!! This Property Has Been Totally Renovated!! 12 Two Story Buildings !!ogccupancy Rate Is At 100%!! 36 Three Bedrooms And 96 Two Bedrooms. Max Rents Could Go Up To $1,317 And 1,521 If Usingthe S42 Lihtc. Gross Building Area Is 109,092 Square Feet, Of That 107,436 Is Rentable Area. All Units Income Restricted Based On The Restrictive Covenants Tied To The Hfa Bonds That Were Originally Apart Of The Financing. Rent Cannot Exceed 30% Of Tenants Annual Income. Excluding Utilities. All Units Are Set Aside For Family Affordable Housing. The First Mortgage Being Hud-insured, Is Assumable And The Interest Rate Is 2.52%, Written Approval Is Required From Hud. Provide Within 90 Days.

Listing Summary
  • City Miami
  • County Miami-dade County
  • Zip 33147
  • Price $26,500,000
  • Status Active
  • County Miami-dade County
  • Subdivision
  • Pets Allowed No
  • Property Type Commercial Sale
  • Property Sub TypeMulti Family
  • Status Active
  • Square Feet
  • Year Built
  • Waterfront No
  • HOA Fees
  • Taxes
  • Tax Year
  • MLS® # A11333369
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1431 Nw 71 Street
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11333369) is provided courtesy of (The N.D.I. Group, Inc.). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-01-2023. IDX powered by Realty Net Media
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