For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $511
Subdivision Franklin Sub
MLS Listing ID A11344977
Sold Date 03/31/23
HOA Y/N No
Year Built 1964
Annual Tax Amount $5,139
Tax Year 2022
Contingent Pending Inspections
Property Sub-Type Duplex
Property Description
Attention investors! Rare opportunity in South Miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to UM students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% CAP with a 3% Cash on Cash Return. Located in the desirable South Miami close to University of Miami, Sunset Place, Coral Gables, Dadeland, shopping, dining, entertainment and also in a good school district with easy access to major highways. Don't miss out on this amazing opportunity to own a rental property with tons of upside potential in one of the hottest markets in Miami. Schedule a showing today!
Location
State FL
County Miami-dade County
Community Franklin Sub
Area 40
Direction GPS
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Window Features Blinds
Exterior
Exterior Feature Fence
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 09-40-25-010-0730
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Listed As-Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Florida Realty of Miami Corp
Let's talk.
TEAM LEAD | License ID: 3428680
- Miami, FL Homes For Sale
- Miami Beach, FL Homes For Sale
- Coral Gables, FL Homes For Sale
- Key Biscayne, FL Homes For Sale
- Doral, FL Homes For Sale
- Miami Shores, FL Homes For Sale
- South Miami, FL Homes For Sale
- Brownsville, FL Homes For Sale
- Miami Springs, FL Homes For Sale
- Cutler Bay, FL Homes For Sale
- Miami Lakes, FL Homes For Sale
- Miami Gardens, FL Homes For Sale
- West Little River, FL Homes For Sale
- Sweetwater, FL Homes For Sale
- Fountainbleau, FL Homes For Sale
- West Miami, FL Homes For Sale
- Fisher Island, FL Homes For Sale
- Virginia Gardens, FL Homes For Sale
- Lakes by the Bay, FL Homes For Sale
- The Crossings, FL Homes For Sale