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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1945
Sq.Footage
2,195
MAJOR PRICE REDUCTION | HIGH INCOME INVESTMENT OPPORTUNITY Exceptional opportunity to acquire an income producing property in Miami’s rapidly developing Pinewood neighborhood. Appraised at $865,000 on May 20, 2025, this property is now offered significantly below its previous valuation, creating compelling upside for investors. Currently generating $6,675 in total monthly rental income, the property offers strong cash flow with additional long term appreciation potential. Each unit features updated interiors, modern finishes, stainless steel appliances, and renovated bathrooms. All property violations have been cleared by the seller. Situated on a desirable corner lot within a federally designated Opportunity Zone, offering additional potential benefits for qualified investors. Conveniently located near major highways, shopping, employment centers, and Downtown Miami. Property is legally recognized as a duplex and is currently configured, used, and rented as three separate units. Buyers are encouraged to perform their own due diligence regarding current and future use. Strong rental income. Significant price reduction. Appraised value of $865,000. Opportunity Zone location. Bring your HIGHEST AND BEST OFFER and take advantage of this investment opportunity.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Patio and Porch Features
Patio
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$699,999
-
Tax Amount
$10,594
-
Zoning
5700
-
Sq. Footage
2,195
-
Price/SqFt
$318
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Kelvin Ching, The Keyes Company
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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