9 Beds
6 Baths
4,339 SqFt
9 Beds
6 Baths
4,339 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,339 sqft
Price per Sqft $275
Subdivision The Tropics Amd
MLS Listing ID A12002767
Style Detached,One Story
Bedrooms 9
Full Baths 6
HOA Y/N No
Year Built 1925
Annual Tax Amount $10,232
Tax Year 2025
Lot Size 0.299 Acres
Property Sub-Type Single Family Residence
Property Description
Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 income producing units under one folio. The layout includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.
Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.
Projected rental income when fully rented is $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.
Strong income potential from day one with room to grow.
Location
State FL
County Miami-dade
Community The Tropics Amd
Area 31
Interior
Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary
Heating Central, Wall Furnace
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Ceramic Tile
Appliance Microwave, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Fence, Patio
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Concrete
Porch Patio
Garage No
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces East
Story 1
Sewer Septic Tank
Water Public
Architectural Style Detached, One Story
Structure Type Block
Schools
Elementary Schools Broadmoor
Middle Schools Madison
High Schools Miami Central
Others
Senior Community No
Restrictions No Restrictions
Tax ID 30-31-04-003-4340
Security Features Security Gate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12002767
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