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Property
Beds
5
Full Baths
2
1/2 Baths
None
Year Built
1950
Sq.Footage
1,226
Excellent investment, with a gross rental yield of over 7% on the price. Prime income-producing duplex opportunity one of Miami’s most strategically located and evolving neighborhoods. Minutes from Wynwood, Midtown and the Miami Design District. Situated on a generous 5,800 SF lot, this property features two separate residences—a 2-bedroom unit and a 3-bedroom unit—both currently rented and generating a combined $4,300 in monthly rental income, offering immediate cash flow from day one. An ideal opportunity for investors, or for a future owner-occupant looking to live in one unit while generating income from the other. The property offers ample on-site parking and a distinctive tropical setting highlighted by beautiful, mature mango trees. Ideally positioned just minutes from Wynwood, Midtown Miami, the Miami Design District, and major thoroughfares, with convenient proximity to the Magic City Innovation District – Little Haiti, a major mixed-use development envisioned around innovation, technology, culture, and urban growth. A compelling opportunity to own an income-producing property in a high-growth Miami location with both immediate rental income and long-term investment potential.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
5
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick, Block
-
Pool
No
-
Waterfront YN
NO
-
View
None
Area & Lot
-
Lot Size(square feet)
5,800
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Detached, Other
Price
-
Sales Price
$685,000
-
Tax Amount
$4,334
-
Zoning
5700
-
Sq. Footage
1,226
-
Price/SqFt
$558
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
Miami Edison
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Miami Edison
Listing Courtesy of Jose Armesto, Semsch Realty
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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