Price Reduced Listing
Description
Investor Special - Rare opportunity to own Duplex plus 2 efficiency income-producing property in Miami's highly sought-after 33125 zip code. Property features a spacious 3BD/2BA main house in front plus 3 rear income-Unit breakdown: 1/1 with full kitchen rented at $800/mo. · 1/1 with kitchenette rented at $650/mo. · 1/1 studio-style unit rented at $650/mo. Rents are well below market value - significant upside potential for savvy investor to increase cash flow immediately upon renovation. Main house is owner-occupied and delivered vacant at closing - perfect for owner-occupant to live in front while tenants cover the mortgage! Tremendous value-add opportunity - renovate and significantly increase rents in one of Miami's fastest-growing and most in-demand neighborhoods. Surrounded by new development and rising property values. Minutes from Marlins Park, Downtown Miami, Brickell, Coral Gables, MIA Airport & major highways (I-95, SR-836 Dolphin Expressway). Steps from Little Havana's world-famous restaurants, shops, cafes & culture. Excellent public transit access. Ideal for investors, house hackers, or 1031 exchange buyers. Do not disturb tenants. Sold strictly AS-IS. Do not disturb tenants - 24-hour notice required for all showings. Seller motivated. One FPL and water meter for the entire property. All offers considered.
Details
| MLS # | A12036837 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 85 |
| Listing Provided By | London Foster Realty | Tayana Campos |
Features
| SQ Feet | 2,892 |
|---|---|
| Story(s) | 1 |
| Zoning | 0100 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 3500 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 40 |
| Community Name | GLENROYAL SUB |
| Listing VS Median (in GLENROYAL SUB) | |
Price: $680,000 low | high Med: $6,500 sqft: 2,892 low | high Med: 2,741 $ / sqft: $235 low | high Med: $2 On site: 85 low | high Med: 56 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 40 |
| Community Name | GLENROYAL SUB |
| Listing VS Median (in GLENROYAL SUB) | |
Price: $680,000 low | high Med: $6,500 sqft: 2,892 low | high Med: 2,741 $ / sqft: $235 low | high Med: $2 On site: 85 low | high Med: 56 | |
