Sold
Closed
Private Address
$920,000
$525.11 per sqft
Sold
Closed
1,752 sqft
Multi-family
Built in 1945
Turn-Key Investment in Prime Location!
This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners.
With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow--this turn-key property is ready to go, boasting an impressive 9% cap rate.
Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don't miss out!
A11671618
MLSⓇ ID
October 5, 2024
Listed
November 27, 2024
Updated
Map
Private Address
Interior Features
Total Stories
1
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Detached
Roof
Barrel Roof, Other
Sewer
Public Sewer
Other Property Details
Area Name
Lynnwood
Taxes
$3,019
Tax Frequency
Annually
Days on Market
16
Garage
No
Parking Total
3
View
No
County
Miami-Dade County
Pool
No
Zoning
0100
Listing History
Date | Event | Price |
|---|---|---|
11/27/2024 | Sold | $920,000 |
10/21/2024 | Pending | — |
Listed by: Formula Realty, LLC
Listing Contact: 305-230-4357
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 11:09 PM UTC, 11/27/2024.