Miami, FL 33147
Property Type
Single Family
Lot Size
0.3 Acres
Central AC
Yes
Patio/Porch
Patio
Year Built
1925
Home Style
Detached, OneStory
Listing courtesy of Brittany Saenz of Compass Florida, LLC.
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 income producing units under one folio. The layout 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 when fully rented is $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.
0.3 Acres
6
6
9
Miami
A12002767
4,339 Sqft
Single Family
1925
Washer Hookup
Detached, OneStory
Block
1
1925
5100
florida
Fenced
Patio
Driveway, Other, On Street
Microwave, Refrigerator, Washer
Yes - Central Air, Electric, Wall/Window Unit(s)
Ceramic Tile
Yes - Central, Wall Furnace
Master Downstairs
Public
Total$6,264.28/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Information is deemed reliable but is not guaranteed and should be independently verified.