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Property Miami (United States)by annonceur international

PropertyMiami (United States)
Price :
$1,195,000
($2,964 / m²)
Surface403 bedrooms9 bathrooms6

Why this property will seduce you

  • West Coast View: Direct access to golden beaches.
  • Future Development Potential: Zoned for nine units.
  • Immediate Rental Income: Guaranteed cash flow.
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY 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.
Advertiser reference : 116223221Le Figaro Properties reference : 104595211

Its assets

  • Air conditioning

Other assets detected by AI

  • Garage & Parking

In detail

* : Information not provided by the advertiser

Property Miami (United States)

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