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Property
Beds
5
Full Baths
4
1/2 Baths
None
Year Built
1945
Sq.Footage
1,847
Exceptional Location in the Heart of Coral Way / Shenandoah! This versatile income-producing property offers a rare blend of owner-occupant flexibility and strong rental cash flow in one of Miami’s most desirable neighborhoods. Featuring two grandfathered electrical meters servicing the main 3BR/2BA residence and the additional 2BR/1BA unit, the layout provides functionality and long-term value. The primary residence is a spacious 3-bedroom, 2-bath home with full kitchen, family room, living room, dining area, washer & dryer, and a large paved backyard — ideal for immediate occupancy or leasing at current market rates. The property also includes a 2BR/1BA in-law quarters with full kitchen, washer & dryer, private entrance, and separate meters. Currently rented at $2,650/month (month-to-month), the tenant has expressed interest in renewing for up to three additional years, offering immediate income stability with upside potential for rent adjustments or strategic repositioning. Additional Highlights: • 3 on-site parking spaces plus ample street parking • Dedicated space for RV or boat parking, Coconut grove marina less than 1 mile away. • Private storage room • Expansive paved backyard for entertaining or future enhancements Prime central location just minutes from Coral Way, Brickell, Downtown Miami, Coconut Grove, and major highways. Do not disturb tenants. Appointments only. This one will not last
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Master Downstairs
-
Total Bedrooms
5
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Size Limit, Yes
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block
-
Other Exterior Features
Balcony, Barbecue
-
Parking
Circular Driveway, RV Access/Parking, On Street
-
Patio and Porch Features
Patio, Porch
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
None
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Other
Price
-
Sales Price
$1,038,000
-
Tax Amount
$12,763
-
Zoning
0100
-
Sq. Footage
1, 847
-
Price/SqFt
$561
HOA
-
Association
No
School District
-
Elementary School
Coral Way
-
Middle School
Shenandoah
-
High School
Miami Senior
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Coral Way
Middle School
Shenandoah
High School
Miami Senior
Listing Courtesy of Victor Barroso Jr , Hand Keys Realty
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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