Property Description
**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.**Total current rental income: $8,800 per month, or $105,600 annually.**Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated—bring your offers!**
Property Details
Listing Information
- MLS ID
- A12057991
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4.5
- Living Area
- 3,668 sq ft
- Lot Size
- 8,775 sq ft
- Year Built
- 1925
- Community
- BYAN PARK
- County
- Miami-Dade
Property Features
- Interior Features
- Kitchen Island, Pantry, Walk-In Closet(s), Bedroom Layout - Three Way Split, Roman Tub
- Exterior Features
- Balcony
- Appliances
- Electric Water Heater, Gas Water Heater, Gas Range, Refrigerator
- Cooling
- Central Air
- Heating
- Electric
- Parking
- Driveway
- Waterfront
- False
- View
- Garden
- Property Tax
- $4,603 (2025)
