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12085 W Dixie Highway
Biscayne Park, FL 33161
Asking Price
$1.25M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Epic Waterfront Duplex Built in 1984, Renovated 2013 | 4,193 SqFt <p>Spectacular Waterfront DUPLEX Property just Steps from Downtown NoMi. INCREDIBLY VERSATILE PROPERTY w/ MANY OPTIONS. High Ceilings, Bright Light, Flowing Spaces. Two-Story Building Sitting DIRECTLY ON THE CANAL! Large Balconies Overlooking the Water. Spacious Units, INCREDIBLE Condition Throughout, BUILT IN 1984, SOMEWHAT NEVER CONSTRUCTION + FULLY REMODELED IN RECENT YEARS, Meticulously Maintained Inside and Out. IMPACT WINDOWS & DOORS, Updated Plumbing / Electric, Kayak Launch, Etc. Tons of
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
