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$2,000,000

1234 NW 7th Ave, Miami, FL 33136

Neighborhood: Central Downtown
For Sale On ZeroDown for 3 months
MLS Status: Active

Amazing investment opportunity in the hottest sport with projected monthly cash flow $100K+. Padel 305 is a new, turn-key padel courts rental business, completely equipped with 4 padel courts, a club house, separate bathroom & shower facilities for men and women, a coffee shop, office and storage room. Excellent central location that is very easily accesible. Construction completion - Summer 2023. This is the perfect investment opportunity for an investor that doesn't want to deal with the day to day operation of the business. As part of the sale the Buyer will pay a monthly fee of $25K to the Seller who will be responsible for the general administration & operation of the business, including property management & maintenance, court reservations, payroll, lease payments and property taxes

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$10,105 /month See breakdown
20% down, 30 year mortgage, 6.578% APR
All About The Home

Property Details for 1234 NW 7th Ave

Home Highlights
Parking:
Handicap Parking, Other, On Street
Time on ZeroDown:
3 months
Property Facts
Status
Active
Property Type
Business Opportunity, None
Community
Miami
MLS #
A11351839
Style
Miscellaneous, , Business Opportunity
Virtual Tour
Time On ZeroDown
3 months
City
Virtual Tour, Parking, School, Utilities and Taxes

Virtual Tour Information

Virtual Tour (UnBranded):

Parking Information

Parking Features:
Handicap Parking, Other, On Street

Tax Information

Parcel Number:
01-31-35-019-1630
Actual Tax:
$2,330.0
Tax Legal Description:
HIGHLAND PARK PB 2-13 LOT 17 BLK 9 LOT SIZE 50.000 X 113 COC 23090-0906 02 2005 6
See 20+ more property details
Listed by: Michael Mavris
Brokerage: The City Agency
MLS#: A11351839
Source: MIAMIRE
Details provided by MIAMIRE and may not match the public record.

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Financials

Market Comparison

There aren't too many bidding wars right now in 33136, with homes selling 4% below asking price over the last three months.

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Can I rent this place out?

Zipcode avg 3yr growth
20.30%
Around The Neighborhood

How Are the Schools in Central Downtown?

Greater Miami percentile
63.73%
National percentile
55.28%

Can I raise a family in Central Downtown?

Percentage of Families
NaN%
Owner occupied
11.00%

What's nearby 1234 NW 7th Ave?

Instacart grocery delivery is available in 33136 from 22 stores including Publix, Sam's Club, Costco, BJ's Wholesale Club, and CVS Pharmacy®.

What are my public transportation options in Central Downtown?

Transit Score
68
Walk Score
64

Where Can I Charge My Electric Vehicle near 1234 NW 7th Ave?

Charging stations nearby
6

Recently Sold Homes in Central Downtown

Homes sold this month
5
Homes sold last month
6
Quality of Life

Natural Hazards risk in Miami

Flood Risk
Low

Will I Like My Neighbors in Central Downtown?

Your Neighbors voted for
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Average Household Size
2.21

Who provides the best cell coverage in Central Downtown?

Best Cellular Provider
T-Mobile USA
Number of Towers
293

Who provides internet in Central Downtown?

Download Speed
undefined Mbps

How to buy a home in Miami

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