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Image 1 - 3102 NW 70th Ter, Miami, Florida, 33147 - House for sale
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, Nw Th Ter, Miami, Home For Sale
3102 NW 70th Ter, Miami, Florida, 33147

, Nw Th Ter, Miami, Home For Sale

house for sale
Listed: 06/23/24

3102 NW 70th Ter, Miami, Florida, 33147

Studio Bed:
1,619 Sq Ft Living Area:
Save
Price
$ 575,000

About This House

CASH COWin burgeoning NW Central Miami! This1, 799 SFmulti-unit home on a well-situated6, 527 SFcorner lot is in a fantastic up-and-coming location, north of Allapattah-Brownsville, near the Metro-Rail and west of the new Liberty Square 55-acre master-planned mixed-use neighborhood with residences, arts and culture, health centers, educational facilities and parks galore. The updated building is currently leased as a tri-plex with under market rents, generating a fantastic NOI of$50, 000per year (almost a 9-cap) with more upside! Two units have two bedrooms and one bathroom, and the third unit is an efficiency. The property is gated and fenced, with parking and a great yard. This is a great opportunity if youre looking to increase cashflow or make this your home with added income.

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Miami Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Miami, United States averaged $714,770, a decrease of 31.1% from the previous month.
Median price trends for properties for sale in Miami, United States as of June 2024.

Household Income

Median household income: $41,818
Number of households: 182,631
The average household income in Miami, FL grew from $40,327 to $41,818 in the past year. This data is an estimate based upon 182,631 households in Miami, FL.
The chart below presents how household income is distributed in Miami, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Miami, FL compared to median property taxes around the country. The prevalent amount of property taxes in Miami, FL equals $3k+ , which is more than the national average.