Property Description
Start generating income from day one with this exceptional investment property, already leased at $3,200/month with a tenant in place.Located in one of Miami’s fastest-growing areas, just minutes from Wynwood, the Design District, Miami International Airport, and Downtown Miami, this property is perfectly positioned to benefit from the area’s ongoing appreciation and redevelopment.The large lot is certified for duplex zoning, creating an outstanding value-add opportunity to develop an additional unit and significantly increase future rental income. Duplex properties are in high demand in this neighborhood, making this an ideal investment for those looking to maximize cash flow and long-term equity.Fully remodeled and truly turnkey, this property requires no immediate improvements, allowing you to start collecting rental income immediately while planning your next investment move.Whether you’re expanding your portfolio or looking for a high-potential asset in a rapidly appreciating market, this is an opportunity you won’t want to miss.
Property Details
Listing Information
- MLS ID
- A11937853
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,123 sq ft
- Lot Size
- 5,500 sq ft
- Year Built
- 1940
- Community
- STEPHEN MANOR
- County
- Miami-Dade
Property Features
- Exterior Features
- Lighting
- Appliances
- Electric Water Heater, Dryer, Dishwasher, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Parking
- Driveway
- Waterfront
- False
- Property Tax
- $4,203 (2024)