3745 NW 22nd Ct
miami, FL 33142

EXCLUSIVE
Cross street:NW 38th St

Property

Ownership: For Sale
Type: Duplex
Rooms: 8
Bedrooms: 4 BR
Bathrooms: 4
Area: 1824 sq ft

Financials

Price: $975,000
Annual Taxes: $9,383
Phone: 9179633566
Johnny J Mansilla
Licensed Associate Real Estate Broker
505 Park Ave, New York, NY 10022

Description

Explore an exceptional investment opportunity with this cash-generating fourplex in Miami, located just west of Wynwood. Offering a substantial ROI of 9.07%, this property currently operates as a fourplex but is approved for conversion into a seven-unit building, enhancing its potential for increased revenue. The recent renovations seamlessly blend modern design with practical amenities, making it a lucrative addition to any investment portfolio.

Situated in the Allapattah neighborhood, this property is nestled next to Wynwood and the Design District, areas renowned for their dynamic cultural scenes and commercial vibrancy. Allapattah, one of Miami's oldest communities, is known for its rich mix of Latin American-inspired restaurants, clubs, and diverse establishments. The neighborhood's economy is supported by a strong foundation of textile, produce, and wholesale businesses, creating a vibrant commercial landscape. With 1-minute direct access to I-95 Highway, the location offers unparalleled connectivity, making it one of the most desirable locales in South Florida.

Inside, each unit of this meticulously renovated fourplex has been crafted to perfection. Expansive windows flood the interiors with natural light and provide picturesque views, creating a bright and inviting atmosphere. The property is equipped with brand new energy-efficient AC systems, washers and dryers, and updated electrical and plumbing systems in each unit, enhancing the comfort and convenience for tenants. The contemporary aesthetic is designed to appeal to tenants who seek style as well as practicality in their living spaces.

This investment opportunity stands out by offering a perfect combination of modern design, practical amenities, and strategic location. With its renovated interiors, expansive windows, and high-quality finishes throughout these four units, this fourplex is not just a property but a gateway to a vibrant lifestyle in an up-and-coming neighborhood. Contact the listing agent today to secure your investment in this prime property, poised for growth and success in Allapattah.

Amenities

  • A/C units
  • Central Air Conditioning
  • City View
  • Den
  • Dishwasher
  • duplex layout
  • Parquet Floors

Miami Modern Fourplex with Exceptional ROI (9.07%) I 1,824 Sq Ft I 3 More Units approved by the city I $975 K


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.