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1477 NW 79th Street
Miami, FL 33147
Asking Price
$1.65M
Asset Type
Residential Multifamily
Class
Class B
What's Special
site plan approved 126 unit project <ul><li>Site-Plan Approved - Final ASPR plans stamped for a 14-story, 126-unit multifamily tower with +/-2,720 SF of ground-floor retail.</li><li><span style="color: rgba(0, 0, 0, 1)">POINTS OF CONNECTION FOR 12 INCH WATER MAIN AND 8 INCH GRAVITY SEWER READY TO CONNECT TODAY! WASD LOA and POC available. </span></li><li><span style="color: rgba(0, 0, 0, 1)">Property bigger than property records. (Approved scaled down 56 unit/8 story site plan option available as well).</span></li><li>Seller F
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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.62%
Monthly Payment
$8,158.352
Annual Cash Flow
$-17,900.227
