2980 79Th StMiami, FL 33147

  • Retail properties
  • 1,192 SF
For Sale
$97,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2980 79Th St, Miami, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,154
$871,200
$5,508
$876,708
-
$871,200
$5,508
$876,708

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