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529 NW 88th St
El PortalFL 33150

$2,400,000
For Sale Price Reduced
Tools
Size
43,496 Sq Ft.
interior
Financial
$2,400,000
Change Currency
$55
Price Per Sqft
$32,054
Annual taxes
Listing Details
Multi Family
Property type
1940
Year Built
462595
Web Id
2843424-A11611001
MLS ID
150
Days Posted

Description

529 NW 88th St,

El Portal, FL 33150

Cash-Flowing Value-Add Opportunity: Over 90% occupied with room to increase rents.Nearly Turn-Key with Renovated Interiors: Quaint, convenient, and well-maintained for a hassle-free investment.Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west.Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short term rental model could increase cash-flow potential even further.Private, Gated Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.

Price History

datepricevariancetype
8/29/2024$2,400,000 4.00 %decreased
4/19/2024$2,500,000-Listed
Listing By: The Alpha Commercial Advisors LLC via Data Source: MIAMI MLS 
listing agent: Jamie Maniscalco


Located at 529 NW 88th St, El Portal, Florida 33150, this Multi Family is for Sale with a price of $2,400,000 USD. The property was built in 1940,. This listing has 43,496 Sq.Ft. of interior space. See all Homes for Sale in El Portal.
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