2980 79Th StMiami, FL 33147

Property Details for 2980 79Th St

Year built

1945

Construction

CONCRETE

Lot size

0.80 AC

Property size (Sq ft)

1,192 SF

Zone code

7064

Property type

Parking lots & garages

APN

30-3109-000-0190

APU

3031090000190

Description

This exceptional Class A RV park in Miami, Florida, presents a lucrative investment opportunity. Located at 2980 NW 79th St, Miami, FL 33147, this single-unit property is listed at $97,000. The property is classified as multifamily and specifically as an RV park. The park features a five-bedroom, three-bathroom mobile home with contemporary upgrades, including a new central air conditioning system. Residents enjoy the convenience of two parking spaces. The property's prime location offers easy access to numerous amenities and attractions. While the property itself is a single-unit RV park, the existing mobile home provides significant potential for rental income or owner occupancy. The monthly HOA fee is $1,000. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable Miami location. The property's strong features and strategic location make it an attractive investment for both seasoned and new investors seeking a foothold in the thriving South Florida market. Detailed financial information is available upon request. Don't miss this chance to own a piece of Miami's vibrant real estate landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $496,804

  6.5%

  $458,588

  7%

  $425,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,662

  Geo Method

  $423,662

• Alternative Use

  Use

  Valuation

  Residential

  $386,836

  Hospitality

  $354,340

  Educational

  $294,806

  Medical

  $304,945

  Retail

  $458,588

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8443

Longitude

-80.2454

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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