Miami, FL 33170

Property

Ownership: For Sale
Type: Duplex
Pets: No Pets Allowed

Financials

Price:$789,900
Annual Taxes:$2,466
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Malibu Bay Realty

2, 500 SF under air Listed at 789, 900 6.

Description

2,500 SF under air • Listed at $789,900 • 6.12% CAP RATE Just completed, never-before-lived-in 2025 modern masterpiece, already 100% leased with an active Miami-Dade Section 8 HAP contract paying $4,472 per month direct to owner (tenant contribution $0). Contract in place through October 2026 and renewable. Premium finishes that command top-tier rents: • Full impact windows & doors • 32×32 polished porcelain tile throughout • Solid-wood soft-close cabinetry • Quartz countertops with waterfall edges • Stainless-steel appliance package • Spa-like master baths with frameless glass showers • LED lighting package + smart-home prewire Brand-new construction = zero deferred maintenance. Tenants maintain the yard. True turn-key, hassle-free cash flow with government-guaranteed rent paid on the 1st of every month. Proforma: $53,664 gross ? $48,358 NOI ? 6.12% cap rate at asking price. Perfect 1031 exchange or hands-off investment. Will not last at $789,900. Contact agent for rent roll, HAP contract, and full financials.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Long Island MLS

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.