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Cameron Scott

RE/MAX Consultants Realty I

cameron@iloverealestate.us +1(954) 995-4711

$ 654,000

Est. payment | -/mo

1,679 SqFt

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$ 654,000

Est. payment | -/mo

Save Virtual Tour

1,679 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,679 sqft

Price per Sqft $389

Subdivision Marden Heights Remodeled!!

MLS Listing ID A11876984

HOA Y/N Yes

Year Built 1937

Annual Tax Amount $6,439

Tax Year 2024

Property Sub-Type Duplex

Property Description

Property has been renovated. The front unit is currently rented for $2,700 per month through Section 8; however, it is functionally a 2-bedroom, 1-bathroom plus den. The rear unit has a projected rental income of $3,000 per month, both unit have aproximately a gross annual income of approximately $68,400. The property is being sold AS-IS.The second unit features 3 bedrooms and 2 bathrooms. It is currently rented on a short-term basis and includes brand-new appliances and a new A/C system. This unit has the potential to be rented on an annual lease for approximately $3,000 per month. The owner currently pays utilities for the rear unit, while the tenant covers utilities for the front unit. Attachments are available, including the last six months of short-term rental income, as well as water and sewer bills.Ideally located just minutes from the airport, beaches, and major attractions such as Wynwood, Design District, Midtown, and Brickell. Zoned T5-R, this duplex represents a rare opportunity in today's market, offering an estimated ROI of 7% to 9%.Please do not contact or disturb the tenants. Kindly allow 72 hours' notice for showings.The property is being sold AS-IS.

Location

State FL

County Miami-dade

Community Marden Heights Remodeled!!

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-12-016-0360

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

Virtual Tour https://youtu.be/vorV4YS6LrQ?si=UF3jYehduq7UvwCO

Miami Association of Realtors (SEFMIAMI MLS)

Listed by The Keyes Company

NEARBY SCHOOLS & POINTS OF INTEREST

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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7814 NW 5th Ct Miami, FL 33150