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$3,500,000
Lot Size: 5,000 sqft

167 NW 38th St, Miami, FL 33127

Neighborhood: Buena Vista
For Sale On ZeroDown for 17 days
MLS Status: Active

Are you looking for a cash flow producing income property every month? 167 NW 38th St. Is a lovely remodeled, gated 8-Unit property adjacent to the Miami Design District and just 10 minutes by car to the Miami International Airport and to the Beach. The property has undergone a complete gut renovation over the past 3 years. All permits have been finalized and closed. 40-year recertification in 2020. Certificate of Occupancy in 2022. The property is currently being marketed 100% occupied as a short-term income-producing property, its T4-O commercial zoning, it has many other uses By Right including multifamily, bed and breakfast, Inn, offices, and much more. Unique development like that in this hottest area in Miami.

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$15,220 /month See breakdown
20% down, 30 year mortgage, 5.283% APR
All About The Home

Property Details for 167 NW 38th St

Home Highlights
Price/Sqft.:
$700/sqft
Parking:
Free Parking, On Street
Time on ZeroDown:
17 days
Heating/Cooling:
Central Electric, Other
Property Facts
Status
Active
Property Type
Commercial Sale, Income/MultiFamily
Community
Miami
Lot Size
5,000 sq ft.
Year Built
1925
MLS #
A11326188
Style
Miscellaneous, Income Multi Family, Commercial Sale
Virtual Tour
Time On ZeroDown
17 days
City
Interior Features

Heating & Cooling Information

Heating:
Central Electric
Cooling:
Other

Interior Information

Flooring:
Tile, Vinyl
Windows:
Clear Impact Glass, Complete Impact Glass
See 20+ more property details
Listed by: Maria Mercedes Ortega Restrepo
Brokerage: Dezer Platinum Realty LLC
MLS#: A11326188
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 33127, with homes selling 4% below asking price over the last three months.

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Can I rent this place out?

Avg zipcode price growth/year over last 3 years
12.40%
Home History

Public Facts about 167 NW 38th St

Last sold date
Sep 9, 2021
Last assessed price
$661K
Around The Neighborhood

How Are the Schools in Buena Vista?

Miami Avg
B-
Nearby Avg
B-

Can I raise a family in Buena Vista?

Owner occupied
28.30%
Renter occupied
71.70%

What's nearby 167 NW 38th St?

Number of stores nearby
22

What are my public transportation options in Buena Vista?

Transit Score
58
Walk Score
58

Where Can I Charge My Electric Vehicle near 167 NW 38th St?

Number of charging stations nearby
21
Level 3 chargers nearby
0

Recently Sold Homes in Buena Vista

Homes sold this month
13
Median Price per sqft
$424
Quality of Life

Natural Hazards risk in Miami

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

Will I Like My Neighbors in Buena Vista?

Average Household Size
3.02
High School or Higher
73.18%

Who provides the best cell coverage in Buena Vista?

Best Cellular Provider
T-Mobile USA
Number of Towers
418

How to buy a home in Miami

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