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$ 1,150,000
Est. payment | /mo
1,600 SqFt
$ 1,150,000
Est. payment | /mo
1,600 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $718
MLS Listing ID 11600786
Year Built 1971
Annual Tax Amount $12,367
Tax Year 2024
Property Description
Exceptional investment opportunity in the heart of Miami's emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential multifamily 2-9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters, and a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a great CAP Rate above 6%. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami's fastest-transforming neighborhoods.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Exterior
Pool Pool InGround
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906273
Nearby Locations
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Barb Schlinker
Broker / Owner License ID: 40004572