About This Property

Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities—maximizing your net returns! No Flood Zone here. This turnkey residential duplex generates $5,050/month gross ($60,600/yr). The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer. The rear unit income is $2,750 per month and escalates to $2,800 in August 2027. Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a tankless water heater. Please use Show Assist for best showing times See attachments for 4-Points Inspection Reports and Survey.

Key Features

• Built in 1947

Property Details

• Type: Single Family Home
• Year Built: 1947
• Sq Ft: 1,762
• Price / Sq Ft: $385
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1947
• Status: Active
• MLS Number: 1175467312
• Days on Market: 123
• Listed By: Pamela Hall Real Estate, LLC. · Pamela Hall
• Zip Code: 33161