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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
4,339
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment. Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property. Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700. Strong income potential from day one with room to grow.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Central, Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$849,995
-
Tax Amount
$16,200
-
Zoning
5100
-
Sq. Footage
4, 339
-
Price/SqFt
$195
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Septic Tank
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Brittany Saenz , Compass Florida, LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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